The seller's retraction of his goods after the buyer's insolvency
Machine translationRead the Arabic original
Question:
Honorable Shaykh, if you sell your goods to a specific person and he becomes insolvent, and this money has decreased, then the seller is liable for this decrease, is he not? Is this money not behind him?
Answer:
The money now belongs to the insolvent person; the money has become the property of the creditors. Therefore, it is not permissible for him to retract, as long as he has received part of the price, it is not permissible for him to retract from it.
Honorable Shaykh, if you sell your goods to a specific person and he becomes insolvent, and this money has decreased, then the seller is liable for this decrease, is he not? Is this money not behind him?
Answer:
The money now belongs to the insolvent person; the money has become the property of the creditors. Therefore, it is not permissible for him to retract, as long as he has received part of the price, it is not permissible for him to retract from it.
Source
شرح بلوغ المرام من أدلة الأحكام [ صالح الفوزان ]، بداية من باب الصلح — islamhouse.com (8:37)
The Arabic text is a machine transcription of the audio recording.