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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The ruling on buying a commodity to sell it to a specific person

Machine translationRead the Arabic original
Question:
This questioner says: Shaykh, is it permissible for me to buy a commodity and then sell it to a person I already know, and whom I am certain will buy it from me before I purchase it, given that there was no prior promise or agreement, but rather, because of my knowledge of the person, I am certain he will buy it from me?

Answer:
If this is done through collusion and deception regarding riba (usury or interest), it is not permissible. However, if you buy it with the intention of owning it and benefiting from it, and you pay its price to the seller, and then you sell it, there is no harm in selling it to the person you bought it from, because there is no collusion between you and him, and there is no deception regarding riba. So there is no harm in selling it to him or to someone else. Yes.
Source نور على الدرب - الفوزان - 02/249 — archive.org (4:20)

The Arabic text is a machine transcription of the audio recording.

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