Is it permissible in a forward sale for the price to be paid in installments?
Machine translationRead the Arabic original
Question:
Is it permissible in a forward sale for the price to be paid in installments such that it is completed?
Answer:
No, the entire price must be paid in the meeting. If they separate, the sale is valid only for the portion whose price has been paid, and the portion whose price has not been paid is invalid, so that it does not become a sale of a debt for a debt. If they separate before receiving the price, it becomes a sale of a debt for a debt, which is not permissible. The Prophet (peace and blessings be upon him) forbade selling a measure of grain for a measure of grain, which is selling a debt for a debt.
Is it permissible in a forward sale for the price to be paid in installments such that it is completed?
Answer:
No, the entire price must be paid in the meeting. If they separate, the sale is valid only for the portion whose price has been paid, and the portion whose price has not been paid is invalid, so that it does not become a sale of a debt for a debt. If they separate before receiving the price, it becomes a sale of a debt for a debt, which is not permissible. The Prophet (peace and blessings be upon him) forbade selling a measure of grain for a measure of grain, which is selling a debt for a debt.
Source
قناة «العلامة الدكتور صالح الفوزان»، هل يجوز في السلم أن يكون الثمن على دفعات؟ للشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.