The Method of Forward Sale (Salam) and Its Form
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The questioner : Yes. That is, he plants in the season of the Arsalan, and he needs expenses for planting, and he does not have with him…? On the basis of this Muslim, on what basis is he to be accounted? If he gives him the price of the day of the salam, the price of the day when the money was lowered, there will be great harm to the Muslim; because the commodity rises to… Yes. And if he gives him the price of the harvest, it varies greatly, because the price fluctuates a lot.
The Shaykh : He wants to borrow from him and does not want to sell to him by salam?
The questioner : The existing transaction is, for example, give me a thousand pounds on the condition that you give me with it… when the harvest comes?
The Shaykh : Exactly, that is the reason.
The questioner : How is the price determined?
The Shaykh : He needs to, he will say, give me a thousand pounds on the condition that I give you with it rice at the time of the harvest. It is necessary to specify the rice, saying for example one hundred radd, one hundred sa', one hundred qafiz. It is necessary to specify it.
The questioner : It cannot be determined except by knowing the measure.
The Shaykh : This is knowing the development: a thousand pounds for a thousand sa'.
The questioner : We fixed the price on the day of receipt, on the day.
The Shaykh : On the condition that when the time of harvest comes, this thing is secured for him.
The questioner : He secures it, but the problem is that the price is determined.
The Shaykh : He hastens with a limit.
The questioner : On the day of receipt, or not?
The Shaykh : For example, this one who gave a thousand pounds in salam, he wants, for example, what is your estimate?
The questioner : We have a radd.
The Shaykh : Yes, he wants a radd of rice, this specification.
The questioner : The radd of rice may equal a thousand pounds.
The Shaykh : Yes, perhaps at the harvest it equals a thousand pounds, or it does not equal but fifty pounds, or it equals two thousand pounds. There is no problem.
The Shaykh : He wants to borrow from him and does not want to sell to him by salam?
The questioner : The existing transaction is, for example, give me a thousand pounds on the condition that you give me with it… when the harvest comes?
The Shaykh : Exactly, that is the reason.
The questioner : How is the price determined?
The Shaykh : He needs to, he will say, give me a thousand pounds on the condition that I give you with it rice at the time of the harvest. It is necessary to specify the rice, saying for example one hundred radd, one hundred sa', one hundred qafiz. It is necessary to specify it.
The questioner : It cannot be determined except by knowing the measure.
The Shaykh : This is knowing the development: a thousand pounds for a thousand sa'.
The questioner : We fixed the price on the day of receipt, on the day.
The Shaykh : On the condition that when the time of harvest comes, this thing is secured for him.
The questioner : He secures it, but the problem is that the price is determined.
The Shaykh : He hastens with a limit.
The questioner : On the day of receipt, or not?
The Shaykh : For example, this one who gave a thousand pounds in salam, he wants, for example, what is your estimate?
The questioner : We have a radd.
The Shaykh : Yes, he wants a radd of rice, this specification.
The questioner : The radd of rice may equal a thousand pounds.
The Shaykh : Yes, perhaps at the harvest it equals a thousand pounds, or it does not equal but fifty pounds, or it equals two thousand pounds. There is no problem.
Source
قناة «فضيلة الشيخ محمد بن صالح العثيمين»، [4314] كيفية بيع السلم وصورته - تعليقات على الكافي لابن عثيمين — youtube.com
The Arabic text is a machine transcription of the audio recording.