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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Definition of Salam Sales and Their Conditions

Machine translationRead the Arabic original
Question:
We conclude this session with a question from our brother Abu Fahd, who asks about forward sales (salam) and what an example of it is. May Allah reward you.

Answer:
A forward sale (salam) is the deferral of the price and the deferral of the item; the deferral of the price and the deferral of the goods. This has conditions, such as a forward sale in fruits, a forward sale in grains, or a forward sale in items that are defined by description. This is the debt of the forward sale, on the condition that the price is paid in the session of the contract, so that it does not become a sale of debt for debt. If they separate without the price being paid, it becomes a sale of debt for debt, and this is not permissible.
Source نور على الدرب - الفوزان - 03/021 — archive.org (14:57)

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

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