The Ruling on Selling What One Does Not Own
Machine translationRead the Arabic original
The questioner:
The second question, O Abu Hadi. Well, thank you, the second question, may you live long, selling the *mubarak*. Is it valid or not? And I heard the Grand Mufti that he issues a ruling where one says, "I have money, so buy a TV for a little while." In this exhibition, I and a person bought this car, and they said it is permissible, and I heard that the *mubarak* is not suitable, so how is it?
The Shaykh:
What do you mean by *mubarak*?
The questioner:
I mean that I have the money, but I am not buying the car until I find a customer for it.
The Shaykh:
Because a customer will come for it.
The questioner:
Yes.
The Shaykh:
If you buy it and own it fully, and then a customer comes and you sell it to him, there is no harm. But selling it to him before you buy it is not permissible; this is selling what you do not own. Yes.
The second question, O Abu Hadi. Well, thank you, the second question, may you live long, selling the *mubarak*. Is it valid or not? And I heard the Grand Mufti that he issues a ruling where one says, "I have money, so buy a TV for a little while." In this exhibition, I and a person bought this car, and they said it is permissible, and I heard that the *mubarak* is not suitable, so how is it?
The Shaykh:
What do you mean by *mubarak*?
The questioner:
I mean that I have the money, but I am not buying the car until I find a customer for it.
The Shaykh:
Because a customer will come for it.
The questioner:
Yes.
The Shaykh:
If you buy it and own it fully, and then a customer comes and you sell it to him, there is no harm. But selling it to him before you buy it is not permissible; this is selling what you do not own. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 2541 - حكم بيع ما لا يملك - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.