Buying shares with unsettled cash

Salaam.

When I sell a share, it takes T+2/T+3 for the cash to settle. However, my broker allows me to use the ‘unsettled cash’ immediately to buy another share, even before settlement of the first trade. Are there any problems with doing this from a sharia perspective?

Jzk

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A post was merged into an existing topic: Using proceeds from share sell before settlement