Is it permissible for one who borrows money from a gold shop to buy from them?
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. He says: I went to the owner of a gold shop and asked him for a loan of one thousand riyals to buy gold with. I went to the owner of a gold shop and asked him for a loan of one thousand riyals to buy gold with. So, if I buy from the same shop owner who lent me the money, is there any harm in that?
Answer:
If this is a ruse to avoid the prohibition of selling before taking possession, it is not permissible. But if it is not a ruse, and you took out a valid loan and bought from the lender, there is no harm in that. Yes.
Honorable Shaykh, may Allah grant you success. He says: I went to the owner of a gold shop and asked him for a loan of one thousand riyals to buy gold with. I went to the owner of a gold shop and asked him for a loan of one thousand riyals to buy gold with. So, if I buy from the same shop owner who lent me the money, is there any harm in that?
Answer:
If this is a ruse to avoid the prohibition of selling before taking possession, it is not permissible. But if it is not a ruse, and you took out a valid loan and bought from the lender, there is no harm in that. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [399 -582] هل يجوز لمن اقترض مالا من محل ذهب أن يشتري منه؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.