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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The Ruling on Salam Sales

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Question:
May Allah reward you with good. He asks about salam sales, O Honorable Shaykh, and the ruling on selling what one does not own?

Answer:
Salam sales are permissible, and this is by scholarly consensus and by the hadiths. The Prophet (peace and blessings be upon him) arrived in Madinah while they were making salam sales in fruits for one or two years, so he left them as they were and said: “Whoever makes a salam sale for something, let him make it for a known weight, a known measure, and a known term.” So the conditions for a salam sale are, first, that the price is paid in advance, which is the money, and the item is deferred, which is the goods. It has known conditions in the books of Islamic jurisprudence. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، 2605 - حكم بيع السلم - الشيخ صالح الفوزان — youtube.com

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

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