Traders looking to bet against Aramco will have to get creative about finding shares to short

Reuters Traders looking to bet against Saudi Aramco after its record-shattering IPO are facing obstacles in short-selling the stock, Bloomberg first reported. Many Saudi investors aren't familiar with short trades, as religious scholars in Saudi Arabia interpret selling a borrowed asset as going against Shariah, Durham University Islamic Finance professor Muhammed-Shahid Ebrahim said. Borrowing stock for a short trade would involve loaning from shareholders based outside of Saudi Arabia, but onl...