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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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The ruling on selling gold for a debt with deferred delivery

Machine translationRead the Arabic original
The questioner:
May Allah reward you, O Shaykh. If you go to the gold seller. Abu, it seems he is far from the mosque.

The Shaykh:
No, the intention is to boycott them, yes.

The questioner:
I went to the gold seller, O Shaykh, and I wanted a ring for ten thousand riyals. I had five thousand riyals in my pocket, so the seller lent me the rest of the amount in cash, and then I paid it to him.

The Shaykh:
No, this is a loan for his benefit. But the goods must remain with him until he brings the rest, so that the goods remain with him and the money remains with him as a trust until you complete it. This is a loan that brings benefit. He wants you to buy from him.

The questioner:
Tricks, tricks to get out of it.

The Shaykh:
Yes, one must be cautious, yes.

The questioner:
At that time.

The Shaykh:
The goods are a trust until you complete it, then you take them. Yes. Mm.

The questioner:
And the loan is a trick. May Allah reward you.

The Shaykh:
Tricks intentionally to complete the sale. Yes. Selling gold for gold of the same kind is not valid. But it remains with him, and he says, "Be patient with it until he brings it." Leave the goods with you. The sale is not completed until the rest of the money is paid, then the sale is completed, yes. If he leaves it with him, he does not go unless he is alone. If he leaves it with him as a trust, there is no harm.

The questioner:
If it is less.

The Shaykh:
The sale is not executed anew until the money is paid. Yes. Leaving it is a precaution, otherwise there is nothing known in it. Leaving it is a precaution. Silver is easier than gold, yes.
Source التعليق على بعض أحاديث سنن النسائي، تابع شرح كتاب الزينة، من باب: الرُّخْصَةِ فِي خَاتَمِ الذَّهَبِ لِلرِّجَالِ، إلى باب: حَدِيثِ عَبِيدَةَ — islamhouse.com (11:51)

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

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