The ruling on selling a commodity before taking possession of it
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Question:
This questioner asks, Shaykh, about the ruling in the Shari'ah, in your view, on selling by way of exchange and selling goods purchased from abroad before they arrive at the location?
Answer:
It is not permissible to sell a commodity before taking possession of it. If it is on its way, it must arrive and he must take possession of it, and then he may sell it if he wishes. Selling by way of exchange is not permissible; because it is a suspended sale, and a sale must be immediate. So saying he sells by way of exchange, or if so-and-so is pleased, or this, is not permissible. Yes.
The presenter:
May Allah reward you with good,
This questioner asks, Shaykh, about the ruling in the Shari'ah, in your view, on selling by way of exchange and selling goods purchased from abroad before they arrive at the location?
Answer:
It is not permissible to sell a commodity before taking possession of it. If it is on its way, it must arrive and he must take possession of it, and then he may sell it if he wishes. Selling by way of exchange is not permissible; because it is a suspended sale, and a sale must be immediate. So saying he sells by way of exchange, or if so-and-so is pleased, or this, is not permissible. Yes.
The presenter:
May Allah reward you with good,
Source
قناة «العلامة الدكتور صالح الفوزان»، نور على الدرب 064 من المجموعة الثالثة للشيخ صالح الفوزان — youtube.com (6:02)
The Arabic text is a machine transcription of the audio recording.