Pledging the sold item as security for its deferred price
Machine translationRead the Arabic original
Question:
Honorable Shaykh, what is the ruling on one who sells land for a deferred price, then pledges the land until its value is paid, and then delivers it to the buyer?
Answer:
It is permissible to pledge the sold item as security for its price, whether it is land or something else. If you sell a commodity for a deferred price, it is permissible to pledge it as security for its price, or for a debt or something else. Yes.
Honorable Shaykh, what is the ruling on one who sells land for a deferred price, then pledges the land until its value is paid, and then delivers it to the buyer?
Answer:
It is permissible to pledge the sold item as security for its price, whether it is land or something else. If you sell a commodity for a deferred price, it is permissible to pledge it as security for its price, or for a debt or something else. Yes.
Source
شرح بلوغ المرام من أدلة الأحكام [ صالح الفوزان ]، أبواب السلم والقرض والرهن — islamhouse.com (15:23)
The Arabic text is a machine transcription of the audio recording.