What is the ruling on selling for the purpose of tawarruq?
Machine translationRead the Arabic original
Question : He buys a car, and we sell it.
Answer : Yes, this is the issue of tawarruq (a commodity sale used to obtain cash); they call it the issue of tawarruq, and he sells it to someone other than the one from whom he bought it. There is scholarly disagreement (khilaf) on this among the scholars: some have permitted it, and some have prohibited it. Shaykh al-Islam holds that it is prohibited, but we hold that it is permissible with conditions.
Answer : Yes, this is the issue of tawarruq (a commodity sale used to obtain cash); they call it the issue of tawarruq, and he sells it to someone other than the one from whom he bought it. There is scholarly disagreement (khilaf) on this among the scholars: some have permitted it, and some have prohibited it. Shaykh al-Islam holds that it is prohibited, but we hold that it is permissible with conditions.
Source
قناة «فضيلة الشيخ محمد بن صالح العثيمين»، 3631 - 4600 ما حكم بيع التورق؟ ابن عثيمين — youtube.com
The Arabic text is a machine transcription of the audio recording.