What is the ruling on buying gold with credit cards?
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on buying gold with credit cards?
Answer:
It is necessary to take possession of the item; a distant item cannot be sold for a deferred price. It is necessary for both parties to be present in the assembly, and each must pay what he has to the other. The Prophet (peace and blessings be upon him) said:Sunan al-Bayhaqi 5:74 Yes.
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on buying gold with credit cards?
Answer:
It is necessary to take possession of the item; a distant item cannot be sold for a deferred price. It is necessary for both parties to be present in the assembly, and each must pay what he has to the other. The Prophet (peace and blessings be upon him) said:
And do not sell any of it that is absent for that which is present.
وَلا تَبِيعُوا غَائِبًا مِنْهَا بِنَاجِزٍ.
Source
قناة «العلامة الدكتور صالح الفوزان»، [1210 -2802] ما حكم شراء الذهب بالبطاقات الائتمانية؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.