What is the ruling on sales by exchange and selling a described commodity before receiving it?
Machine translationRead the Arabic original
The questioner:
What is the ruling in the Shari'ah, in your view, on sales by exchange and selling goods purchased from abroad before they arrive at the location?
The Shaykh:
Sales by exchange are not valid and are not permissible, because it is a conditional sale, and a sale must be immediate and not contingent on a condition. As for the second...
The questioner:
...selling the goods before they arrive at the location.
The Shaykh:
If it is defined by a description, if it is defined by a description, then there is no harm in selling it by description. But if it is not defined by a description, then it is not permissible. Yes.
What is the ruling in the Shari'ah, in your view, on sales by exchange and selling goods purchased from abroad before they arrive at the location?
The Shaykh:
Sales by exchange are not valid and are not permissible, because it is a conditional sale, and a sale must be immediate and not contingent on a condition. As for the second...
The questioner:
...selling the goods before they arrive at the location.
The Shaykh:
If it is defined by a description, if it is defined by a description, then there is no harm in selling it by description. But if it is not defined by a description, then it is not permissible. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [5407] ما حكم بيع التصريف وبيع السِّلعة الموصوفة قبل استلامها؟ - صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.