The Flow of Rulings on Riba and the Rulings of Salam in Iron
Machine translationRead the Arabic original
The questioner:
Honorable Shaykh, may Allah grant you success. Regarding categories that are not riba items and are not mentioned in explicit texts, such as iron for example, do the rulings of riba and the rulings of salam apply to them, such as the condition of paying the entire price in advance?
The Shaykh:
As for the rulings on riba (usury or interest), they do not apply to it, because manufacturing has taken it out of the category of being weighed; it has become a manufactured item and is not sold by weight, but only by quantity. Therefore, it is not subject to riba. As for salam (a forward sale paid in advance), it is permissible to enter into a salam contract for iron with a specific description and a specific type, specifying it by its characteristics, paying the price in the meeting, and the iron is delivered when the salam term expires.
The presenter:
That is the end.
The Shaykh:
And Allah the Exalted knows best, and may Allah send prayers and peace upon our Prophet Muhammad and upon his family and peace be upon them.
Honorable Shaykh, may Allah grant you success. Regarding categories that are not riba items and are not mentioned in explicit texts, such as iron for example, do the rulings of riba and the rulings of salam apply to them, such as the condition of paying the entire price in advance?
The Shaykh:
As for the rulings on riba (usury or interest), they do not apply to it, because manufacturing has taken it out of the category of being weighed; it has become a manufactured item and is not sold by weight, but only by quantity. Therefore, it is not subject to riba. As for salam (a forward sale paid in advance), it is permissible to enter into a salam contract for iron with a specific description and a specific type, specifying it by its characteristics, paying the price in the meeting, and the iron is delivered when the salam term expires.
The presenter:
That is the end.
The Shaykh:
And Allah the Exalted knows best, and may Allah send prayers and peace upon our Prophet Muhammad and upon his family and peace be upon them.
Source
شرح الدر النضيد في إخلاص كلمة التوحيد، تتمة الكلام عن شبهة : المعتقدون في الأموات ليسوا كالمشركين لأنهم يقرون بالشهادة، والرد عليها — islamhouse.com (1:12:52)
The Arabic text is a machine transcription of the audio recording.