The ruling on selling a commodity before taking possession of it
Machine translationRead the Arabic original
Question:
The questioner says: I buy goods and sell them before receiving them. Is this permissible, and what is the ruling on the profit?
Answer:
Do not sell the goods until you take possession of them. The Prophet (peace and blessings be upon him) said, for he (peace and blessings be upon him) forbade selling goods where they are bought until the merchants take them to their homes. This means complete possession by transferring them from the seller's place to the buyer's place. This is the possession: transferring them from the seller's place to his own place. Then, after that, he sells them. As for selling them before taking possession, this is not permissible. Yes.
The questioner says: I buy goods and sell them before receiving them. Is this permissible, and what is the ruling on the profit?
Answer:
Do not sell the goods until you take possession of them. The Prophet (peace and blessings be upon him) said, for he (peace and blessings be upon him) forbade selling goods where they are bought until the merchants take them to their homes. This means complete possession by transferring them from the seller's place to the buyer's place. This is the possession: transferring them from the seller's place to his own place. Then, after that, he sells them. As for selling them before taking possession, this is not permissible. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، هل يجوز بيع الشيء قبل استلامه؟ وما حكم الربح؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.