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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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What is the ruling on two people agreeing that one of them subscribes to shares for the other in exchange for half?

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Question:
He says: A person wants to subscribe to shares but does not have the money, so he agreed with another person and said to him, "I will subscribe on the condition that you give me half." What is the ruling on that?

Answer:
I do not issue rulings on shares at all; I do not see issuing rulings on shares at all. The one who wants to sell and buy should sell with clear, visible goods that contain no ambiguity, no concealment, no ignorance, and no risk.
Source قناة «العلامة الدكتور صالح الفوزان»، ما حكم اتفاق شخصين على أن يكتتب أحدهما في الأسهم للآخر مقابل النصف؟ #فتاوى الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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