Sale of residential units under construction using visual models
Machine translationRead the Arabic original
The questioner:
May Allah reward you. The questioner says: A real estate company has appeared that sells residential units under construction.
The Shaykh:
Yes.
The questioner:
He says: Real estate companies have appeared that sell residential units under construction, where they display visual models to customers. Is this sale valid?
The Shaykh:
The sale is of what is completed after the building is finished; that is when the sale takes place. Before that, selling something that does not exist is not permissible. Selling something that does not exist is not permissible. But once the building is completed and finished, then he may sell it to whoever wants it. Yes.
May Allah reward you. The questioner says: A real estate company has appeared that sells residential units under construction.
The Shaykh:
Yes.
The questioner:
He says: Real estate companies have appeared that sell residential units under construction, where they display visual models to customers. Is this sale valid?
The Shaykh:
The sale is of what is completed after the building is finished; that is when the sale takes place. Before that, selling something that does not exist is not permissible. Selling something that does not exist is not permissible. But once the building is completed and finished, then he may sell it to whoever wants it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، محاضرات في العقيدة والدعوة-47-منهج أهل السنة والجماعة|صالح الفوزان|العام|كبار العلماء — youtube.com (1:15:55)
The Arabic text is a machine transcription of the audio recording.