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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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Definition of Salam Sale and Its Example

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The Shaykh:
May Allah greet you and bless you.

The questioner:
This questioner, Abu 'Abdullah, says: Sales have become numerous, but in my letter and my question, I ask about the ruling on the salam sale and what its example is. May you be rewarded.

The Shaykh:
In the name of Allah, the Most Gracious, the Most Merciful. Praise be to Allah, Lord of the worlds, and may Allah send prayers and blessings upon our Prophet Muhammad, and upon his family and all his Companions. The salam sale is paying the price in advance and deferring the delivery of the item, which is the opposite of the known sale. In the known sale, the item is delivered in advance and the price is deferred or transferred immediately. As for the salam sale, the price is paid in the session of the contract, and the item is deferred to a known term. This is the debt of the salam. For example, he gives him one hundred riyals in the session on the condition that he gives him one hundred sa' (a dry measure of about 3 kg) in exchange for them after six months or after a year, for example.
Source نور على الدرب - الفوزان - 03/184 — archive.org (0:58)

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

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