The ruling on selling land before owning it from companies

Question:
May Allah preserve you. What is the ruling on what some companies say to a person who wants to buy land?

Answer:
Go to any plan and buy the land, and we will buy it for you. This is invalid and not permissible. If they do not own the land, it is not permissible for them to contract with a person, saying to him, "Go and we will pass the land, and we will buy it for you if you wish. We will buy it for you." Meaning, they did not buy it for themselves; they became nothing but a middleman, and they did not own it, but they owned it for him continuously. This is not permissible; this is manipulation of transactions. The Prophet (peace and blessings be upon him) said: Meaning, what you do not own. So these people are selling what they do not own. They do not buy it for themselves, but they buy it for the sake of the profit. This is not a legitimate transaction; this is a scheme to circumvent the forbidden. Yes.