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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The Forward Sale (Salam) and Its Example

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Question:
Honorable Shaykh, this person is asking about the forward sale (salam) and what its example is?

Answer:
Salam is the deferral of the price and the deferral of the item being sold. The price is paid immediately by being taken possession of in the session of the contract. The item being sold, which is the subject of the Salam, is deferred to a known term. This is Salam. Yes.
Source قناة «مؤسسة الدعوة الخيرية»، فتاوى على الهواء 10-08-1434هـ مع معالي الشيخ صالح بن فوزان الفوزان — youtube.com (52:41)

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

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