The Forward Sale (Salam) and Its Conditions
Machine translationRead the Arabic original
Question:
This questioner asks, Shaykh, about the difference between what we own and the forward sale (salam)?
Answer:
Yes, the forward sale (salam) is paying the price in advance and deferring delivery of the item. It is necessary that the price be paid in advance and received in the assembly; it must be received in the assembly before the parties separate, so that it does not become a sale of a debt for a debt. The Prophet (peace and blessings be upon him) approved salam when he arrived in Madinah as a migrant, and the Ansar were making forward sales in fruits for one or two years. So the Prophet (peace and blessings be upon him) said: Thus, the Prophet (peace and blessings be upon him) approved it, but he stipulated that it be clearly defined. Yes.
This questioner asks, Shaykh, about the difference between what we own and the forward sale (salam)?
Answer:
Yes, the forward sale (salam) is paying the price in advance and deferring delivery of the item. It is necessary that the price be paid in advance and received in the assembly; it must be received in the assembly before the parties separate, so that it does not become a sale of a debt for a debt. The Prophet (peace and blessings be upon him) approved salam when he arrived in Madinah as a migrant, and the Ansar were making forward sales in fruits for one or two years. So the Prophet (peace and blessings be upon him) said:
Whoever makes a forward sale in something, let him make it in a known measure or a known weight
من أسلم في شيء فليسلم في كيل معلوم أو وزن معلوم
Source
قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (173) لمعالي الشيخ صالح الفوزان بتاريخ [1440-03-14] - كبار العلماء — youtube.com (28:29)
The Arabic text is a machine transcription of the audio recording.