Authorizing the bank to sell the commodity in tawarruq
Machine translationRead the Arabic original
Question:
He says: When purchasing a commodity from the bank with the intention of tawarruq, the bank employee says, "It is possible to authorize the bank to sell this commodity."
Answer:
No, my brothers, this is a trick. They say, “We have everything,” but they have no goods. They are lying; they have no goods. It is just a name. You must see the goods yourself. You must see that they are present. You buy them and take possession of them. The matter is just play. We sell to you and we have everything. This is deception and fraud, and it is not permissible. Yes.
He says: When purchasing a commodity from the bank with the intention of tawarruq, the bank employee says, "It is possible to authorize the bank to sell this commodity."
Answer:
No, my brothers, this is a trick. They say, “We have everything,” but they have no goods. They are lying; they have no goods. It is just a name. You must see the goods yourself. You must see that they are present. You buy them and take possession of them. The matter is just play. We sell to you and we have everything. This is deception and fraud, and it is not permissible. Yes.
Source
لقاء مفتوح بالطائف 12-07-1434هـ — alfawzan.live (36:11)
The Arabic text is a machine transcription of the audio recording.