business trade Fatwa Cover

Advance money purchase-sale 8724715311

Monthly Al Kawtharbusiness trade


Question

I want to make an advance agreement with Zayed to sell paddy in the sense that he will give me five thousand rupees in cash and after five days I will give him ten manas of certain type of paddy. The question is, will it be valid to make advance purchase transaction for that period? 3773441931


Answer

- حامداومصلياومسلما، بسم الله الرحمن الرحيم -

Yes, the business will be fair even for such a short time. Because the agreement in question is Baiye Salam (advance purchase) agreement. And the Baiye Salam agreement is also permissible for a short period of time. 4623947577

- والله اعلم باالصواب -

* This Fatwa was translated by Google Translate.
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Source

  • বাদায়েউস সানায়ে, Part: 4, Page: 449
  • খুলাসাতুল ফাতাওয়া, Part: 3, Page: 4
  • আলমাজমূ, Part: 12, Page: 188