Selling gold on credit
Machine translationRead the Arabic original
Q3: A questioner says: Is it forbidden to pay the value of gold on credit, and is it not permissible to take a loan with it, but rather one must pay it in cash, knowing that some people have nothing but their monthly salary?
A3: It is not permissible to sell gold for a deferred price; rather, the price and the item sold must be taken possession of in the session of the contract.
A3: It is not permissible to sell gold for a deferred price; rather, the price and the item sold must be taken possession of in the session of the contract.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.