Selling the commodity before taking possession of it

Question:
The Shaykh’s daughter, may Allah keep you safe, we are brothers who, when we pool a sum of money, buy a car for cash and sell it on installments. However, sometimes the request comes to us before we have bought the car, and we are determined to buy it for the requester or someone else. What is the ruling on that?

Answer:
The ruling on that is that you do not sell anything unless it is in your possession. If it is in your ownership and you are in possession of it, it is permissible to sell it. As for something that is not with you, where you negotiate with people and contract with them, and then you go and buy it, that is not permissible. Yes. The Prophet (peace and blessings be upon him) said to Hakim ibn Hizam: . This is a matter in which there has been great deception of people today by companies and institutions; it is a great deception. Yes.