The ruling on buying a commodity to sell it to a specific person
Machine translationRead the Arabic original
Question:
The questioner says: Shaykh, is it permissible for me to buy an item and sell it to a person? I knew, and was even certain, before buying the item that he would buy it from me. Please note that there was no prior promise or agreement; rather, because of my familiarity with the person, I was certain that he would buy it from me.
Answer:
There is no harm in that, based on the question, if you buy it and take full ownership of it, and then sell it to someone else; there is no objection to that.[Al-Baqarah 2:275] However, if you buy it for him, transfer the price to him, and then take it back from him with an increase—buying it for him and then claiming that you sold it to him, when in fact you did not buy it for yourself to sell to him, but rather bought it for him—then in this case, you are considered to have lent him money. It is not permissible for you to take an increase on the loan of the price you lent him. But if you buy it for yourself and take ownership of it, you may sell it to him for whatever you wish, even if you increase the price and make a profit on it; there is no objection to that. Yes.
The presenter:
May Allah reward you.
The questioner says: Shaykh, is it permissible for me to buy an item and sell it to a person? I knew, and was even certain, before buying the item that he would buy it from me. Please note that there was no prior promise or agreement; rather, because of my familiarity with the person, I was certain that he would buy it from me.
Answer:
There is no harm in that, based on the question, if you buy it and take full ownership of it, and then sell it to someone else; there is no objection to that.
But Allah has permitted trade and has forbidden interest
وَأَحَلَّ اللَّهُ الْبَيْعَ وَحَرَّمَ الرِّبَاThe presenter:
May Allah reward you.
Source
نور على الدرب - الفوزان - 03/004 — archive.org (4:11)
The Arabic text is a machine transcription of the audio recording.