Is this forward sale (salam) valid if I give a man 100 riyals on the condition that he returns to me after one year dates worth 120 riyals?
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Question:
He says: Honorable Shaykh, may Allah grant you success, is this forward sale (salam) valid if I give a man one hundred riyals on the condition that he returns to me after one year dates worth one hundred and twenty riyals, or is it sufficient to specify only the quantity of dates without the amount?
Answer:
It is sufficient to specify the quantity of dates. You give him one hundred riyals on the condition that he returns to you one hundred and twenty kilograms after the end of the specified term. So you specify the quantity and do not specify the value of the dates. Yes, because if you specify it, it resembles riba (usury or interest). If you specify it, it becomes like riba. Yes.
He says: Honorable Shaykh, may Allah grant you success, is this forward sale (salam) valid if I give a man one hundred riyals on the condition that he returns to me after one year dates worth one hundred and twenty riyals, or is it sufficient to specify only the quantity of dates without the amount?
Answer:
It is sufficient to specify the quantity of dates. You give him one hundred riyals on the condition that he returns to you one hundred and twenty kilograms after the end of the specified term. So you specify the quantity and do not specify the value of the dates. Yes, because if you specify it, it resembles riba (usury or interest). If you specify it, it becomes like riba. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [1347 /1350] هل يصح هذا السَّلم بأن أعطي رجلا ١٠٠ ريال على أن يرد على بعد سنة تمرا بقيمة ١٢٠ ريالا؟ — youtube.com
The Arabic text is a machine transcription of the audio recording.