Purchasing the fruit harvest for several years
Machine translationRead the Arabic original
Fatwa number ( 11594 )
Q: I gave a sum of money to a fruit merchant to trade with it for me and give me profits from that. Then I learned that he purchases the harvest of orchards for five years in advance; because this gives him a discount on the original price of the orchards. So, are these profits that he gives me from this trade lawful, and I am satisfied with that and am a partner with him in the profit and loss?
A: It is not permissible to purchase the harvest of orchards for five years; due to the ignorance and excessive uncertainty in that, so it is not permissible for you to partner with the aforementioned merchant, nor to take profits from that trade, even if you were satisfied with it.
Q: I gave a sum of money to a fruit merchant to trade with it for me and give me profits from that. Then I learned that he purchases the harvest of orchards for five years in advance; because this gives him a discount on the original price of the orchards. So, are these profits that he gives me from this trade lawful, and I am satisfied with that and am a partner with him in the profit and loss?
A: It is not permissible to purchase the harvest of orchards for five years; due to the ignorance and excessive uncertainty in that, so it is not permissible for you to partner with the aforementioned merchant, nor to take profits from that trade, even if you were satisfied with it.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.