The Ruling on Selling with a Delay and Deferred Sale
Machine translationRead the Arabic original
Question:
Shaykh Salih, this is Sa'id from Yemen. He says: I am asking about a sale with a deferred payment, such as if I sell a person some sheep with a one-year term. What is the validity of that sale?
Answer:
There is nothing wrong with a deferred sale; there is nothing wrong with that.[Al-Baqarah 2:275] Whether it is immediate or deferred [Al-Baqarah 2:282], deferral is permissible in buying and selling, and there is no obstacle to it. However, the term must be specified; it must not be indefinite or unknown. Yes.
The presenter:
May Allah bless you,
Shaykh Salih, this is Sa'id from Yemen. He says: I am asking about a sale with a deferred payment, such as if I sell a person some sheep with a one-year term. What is the validity of that sale?
Answer:
There is nothing wrong with a deferred sale; there is nothing wrong with that.
But Allah has permitted trade
وَأَحَلَّ اللَّهُ الْبَيْعَO you who have believed, when you contract a debt for a specified term, write it down.
يَا أَيُّهَا الَّذِينَ آمَنُوا إِذَا تَدَايَنتُم بِدَيْنٍ إِلَىٰ أَجَلٍ مُّسَمًّى فَاكْتُبُوهُThe presenter:
May Allah bless you,
Source
نور على الدرب - الفوزان - 02/227 — archive.org (12:17)
The Arabic text is a machine transcription of the audio recording.