Buying gold with the condition of return and safety from riba (usury or interest)
Machine translationRead the Arabic original
Question:
Umm Abdullah, we are concluding this episode with her question. She says: If a woman buys gold and stipulates with the shop owner that she can return it if it does not suit her, what is the correct method to protect oneself from falling into riba (usury or interest)?
Answer:
The correct way is what the Prophet (peace and blessings be upon him) commanded, which is the exchange of possession: she takes possession of the gold and pays the price to the gold seller in the same meeting, exchanging hand to hand. If a defect is found in the gold, she returns it and takes back the price; she returns the gold to its owner and he takes back the price she paid him. Yes.
The presenter:
May Allah reward you with the best reward for us and for the Muslims, and may Allah bless you and your knowledge, and may He make Islam and the Muslims benefit from you.
Umm Abdullah, we are concluding this episode with her question. She says: If a woman buys gold and stipulates with the shop owner that she can return it if it does not suit her, what is the correct method to protect oneself from falling into riba (usury or interest)?
Answer:
The correct way is what the Prophet (peace and blessings be upon him) commanded, which is the exchange of possession: she takes possession of the gold and pays the price to the gold seller in the same meeting, exchanging hand to hand. If a defect is found in the gold, she returns it and takes back the price; she returns the gold to its owner and he takes back the price she paid him. Yes.
The presenter:
May Allah reward you with the best reward for us and for the Muslims, and may Allah bless you and your knowledge, and may He make Islam and the Muslims benefit from you.
Source
نور على الدرب - الفوزان - 03/173 — archive.org (20:47)
The Arabic text is a machine transcription of the audio recording.