The ruling on purchasing a car with the option of return
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success. Some institutions purchase a car, for example, for a buyer, and then they stipulate an option period of fifteen days. If the buyer refuses, the institution returns the item to the showroom. It is known that the institution purchases in its own name, then sells it to the buyer if he desires it, or returns it within the option period. What is the ruling on this transaction?
Answer:
This is an incorrect transaction. This is an incorrect transaction. It is obligatory for one who wants to sell to people and extend credit to them to secure the goods in his possession at his shop and store. Then, when the customer comes, he sells to him. As for the case where he has no goods, no items, and no things, and when the customer comes, he goes around looking for him and searching for him among the merchants or other shops, and then says, "I have the option," this is a suspended sale and is incorrect. It falls under the sale of what you do not possess. Yes.
He says: Honorable Shaykh, may Allah grant you success. Some institutions purchase a car, for example, for a buyer, and then they stipulate an option period of fifteen days. If the buyer refuses, the institution returns the item to the showroom. It is known that the institution purchases in its own name, then sells it to the buyer if he desires it, or returns it within the option period. What is the ruling on this transaction?
Answer:
This is an incorrect transaction. This is an incorrect transaction. It is obligatory for one who wants to sell to people and extend credit to them to secure the goods in his possession at his shop and store. Then, when the customer comes, he sells to him. As for the case where he has no goods, no items, and no things, and when the customer comes, he goes around looking for him and searching for him among the merchants or other shops, and then says, "I have the option," this is a suspended sale and is incorrect. It falls under the sale of what you do not possess. Yes.
Source
75-اللقاء الأسبوعي مع الشيخ صالح الفوزان - 28 — archive.org (1:10:18)
The Arabic text is a machine transcription of the audio recording.
