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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The ruling on receiving the proceeds of a gold sale via bank transfer

Machine translationRead the Arabic original
Question:
The questioner, Mas'ud, says: Honorable Shaykh, I went to a goldsmith, a seller of gold, and sold him some earrings and rings for a certain amount. He transferred this amount to my account. Is this sale valid, or must I receive it in my hand?

Answer:
The default is to take possession, because this is a sale of gold for gold or silver for silver, and the default is immediate exchange, and that the two parties not separate while something remains between them, as the Prophet (peace and blessings be upon him) said. However, the scholars in this time, or some of the scholars in this time, issue a ruling that the credit in the account is equivalent to taking possession. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، [3354] حكم استلام مبلغ بيع الذهب عن طريق التحويل البنكي - صالح الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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