The Difference Between Selling What One Does Not Own and a Salam Sale
Machine translationRead the Arabic original
Question:
He says: Shaykh, what is the difference between selling what one does not own and a salam sale?
Answer:
There is a clear difference. Selling what one does not own is not permissible; a person may not sell something he does not own. If it is a specific item, and he sells a specific thing that he does not own, that is not permissible. As for a sale in the debt, where the price is paid in advance and the item is delivered later, this is called a salam, and there is nothing wrong with it. Or a sale of a described item, where the item is known by its description; this is also permissible, because it contains no gharar (excessive uncertainty in a contract) or ignorance. Yes.
He says: Shaykh, what is the difference between selling what one does not own and a salam sale?
Answer:
There is a clear difference. Selling what one does not own is not permissible; a person may not sell something he does not own. If it is a specific item, and he sells a specific thing that he does not own, that is not permissible. As for a sale in the debt, where the price is paid in advance and the item is delivered later, this is called a salam, and there is nothing wrong with it. Or a sale of a described item, where the item is known by its description; this is also permissible, because it contains no gharar (excessive uncertainty in a contract) or ignorance. Yes.
Source
نور على الدرب - الفوزان - 03/076 — archive.org (8:53)
The Arabic text is a machine transcription of the audio recording.