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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The Difference Between Selling What One Does Not Own and a Salam Contract

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Question:
Honorable Shaykh, a questioner asks: What is the difference between selling what one does not own and salam, which is a contract for a described item on the credit with a deferred price that is received in the session of the contract?

Answer:
Yes, salam is established by the Sunnah
When the Prophet (ﷺ) came to al-Madinah, they were paying one and two years in advance for fruits.قدم النبي صلى الله عليه وسلم المدينة وأهلها يسلفون في الثمار السنة والسنتين
Bulugh al-Maram 7:91
so he approved them in that, and it is the advance payment of the price and the deferral of the item. As for the ordinary sale, it is the advance payment of the price or its deferral, meaning the price in an ordinary sale can be immediate or deferred, but the item is received, the item is received. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، برنامج (فتاوى) (095) لمعالي الشيخ صالح الفوزان بتاريخ [1436-06-26] - كبار العلماء — youtube.com (42:01)

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

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