The Sale of the Deposit
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The seventh question of Fatwa No. ( 9388 ):
Q7: Is it permissible for the seller to take a deposit from the buyer, and if the buyer fails to fulfill the contract or withdraws from the sale, is the seller religiously entitled to keep the deposit for himself without returning it to the buyer?
A7: If the situation is as described, it is permissible for him to keep the deposit for himself and not return it to the buyer, according to the more correct of the two opinions of the scholars, if they agreed upon it.
Q7: Is it permissible for the seller to take a deposit from the buyer, and if the buyer fails to fulfill the contract or withdraws from the sale, is the seller religiously entitled to keep the deposit for himself without returning it to the buyer?
A7: If the situation is as described, it is permissible for him to keep the deposit for himself and not return it to the buyer, according to the more correct of the two opinions of the scholars, if they agreed upon it.
Source
www.alifta.gov.sa
The Arabic text is copied verbatim from the original source, without any edits.
