The Ruling on Tawarruq Sales
Machine translationRead the Arabic original
Question:
The questioner asks in his segment: Shaykh, is tawarruq (a commodity sale used to obtain cash) permissible?
Answer:
Tawarruq (a commodity sale used to obtain cash) is permissible according to the majority of scholars due to pressing need. Tawarruq is when you buy a commodity for a deferred price, then take possession of it and move it from the seller’s location, and sell it in another location to someone other than the seller or the creditor, so that you benefit from its price. Yes.
The presenter:
May Allah reward you,
The questioner asks in his segment: Shaykh, is tawarruq (a commodity sale used to obtain cash) permissible?
Answer:
Tawarruq (a commodity sale used to obtain cash) is permissible according to the majority of scholars due to pressing need. Tawarruq is when you buy a commodity for a deferred price, then take possession of it and move it from the seller’s location, and sell it in another location to someone other than the seller or the creditor, so that you benefit from its price. Yes.
The presenter:
May Allah reward you,
Source
قناة «مكة و المدينة»، 09 فتاوى على الهواء - 13 / 05 / 1433هـ _ الشيخ صالح الفوزان — youtube.com (42:30)
The Arabic text is a machine transcription of the audio recording.