Selling Islamic Tapes on a Consignment Basis
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success, we obtain Islamic tapes for the school as a form of cooperation in good. We have agreed with the recording companies that supply them that we will sell the tapes on a consignment basis. That is, when the month ends, for example, we take an inventory of the tapes sold, pay the recording companies the amount due, and return the remaining unsold tapes. Is this permissible?
Answer:
If this is in the nature of agency, where the recording companies have appointed you to sell the tapes, then there is nothing wrong with it. However, if you purchased them from the recording companies, and they became your property, then it is not permissible to sell them on a consignment basis. A sale cannot be contingent on a future condition; the sale must be immediate. Is this condition valid in a sale? No.
Honorable Shaykh, may Allah grant you success, we obtain Islamic tapes for the school as a form of cooperation in good. We have agreed with the recording companies that supply them that we will sell the tapes on a consignment basis. That is, when the month ends, for example, we take an inventory of the tapes sold, pay the recording companies the amount due, and return the remaining unsold tapes. Is this permissible?
Answer:
If this is in the nature of agency, where the recording companies have appointed you to sell the tapes, then there is nothing wrong with it. However, if you purchased them from the recording companies, and they became your property, then it is not permissible to sell them on a consignment basis. A sale cannot be contingent on a future condition; the sale must be immediate. Is this condition valid in a sale? No.
Source
الفوزان -أشرطة- شرح زاد المستقنع مع الأسئلة - 053-السلم والرهن والقرض - 9-8-23 هـ — archive.org (1:27:16)
The Arabic text is a machine transcription of the audio recording.