Purchase on credit, with the price to be paid upon the sale of the goods
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. A questioner says: I am the owner of a shop. I buy my goods from a merchant on credit, and we agree that if I sell the goods, I will pay him his due. Is this transaction permissible?
Answer:
Meaning, if I sell the goods, the sale is concluded? Yes, we concluded the sale on the condition of resale, as they say, we concluded the sale on the condition of resale. No, this is not permissible. A sale is not concluded on a future condition. The sale must be immediate and not based on a future condition. If such and such happens, I will buy the item from you, and if it does not happen, there is no contract between us. No, this is not permissible. Yes.
Honorable Shaykh, may Allah grant you success. A questioner says: I am the owner of a shop. I buy my goods from a merchant on credit, and we agree that if I sell the goods, I will pay him his due. Is this transaction permissible?
Answer:
Meaning, if I sell the goods, the sale is concluded? Yes, we concluded the sale on the condition of resale, as they say, we concluded the sale on the condition of resale. No, this is not permissible. A sale is not concluded on a future condition. The sale must be immediate and not based on a future condition. If such and such happens, I will buy the item from you, and if it does not happen, there is no contract between us. No, this is not permissible. Yes.
Source
شرح إغاثة اللهفان من مصائد الشيطان لابن القيم، فصل وقد أخبر - صلى لله عليه وسلم - أن طائفة من أمته تستحل الربا باسم البيع — islamhouse.com (55:37)
The Arabic text is a machine transcription of the audio recording.