Selling new gold for used gold with an added amount
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. This questioner says: It is common in gold shops for them to sell new gold for the same weight of used gold plus a small amount of money.
Answer:
It is not permissible; it is forbidden. They sell the old gold and buy new gold with its price. Yes.
Honorable Shaykh, may Allah grant you success. This questioner says: It is common in gold shops for them to sell new gold for the same weight of used gold plus a small amount of money.
Answer:
It is not permissible; it is forbidden. They sell the old gold and buy new gold with its price. Yes.
Source
المنتقى من أخبار سيد المرسلين 26-06-1438 هـ — af.org.sa (56:55)
The Arabic text is a machine transcription of the audio recording.