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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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There is no harm in taking a deposit

Machine translationRead the Arabic original
Question:
May Allah bless you. This is a questioner from Riyadh who asks: What is the ruling on taking a deposit in sales and purchases, and in other matters?

Answer:
The correct view is that there is nothing wrong with it, and this is the opinion of Imam Ahmad (may Allah have mercy on him). The deposit means that a person buys a commodity and stipulates a period of option, and he pays a portion of the price. If he decides to keep the commodity, he completes the price. If he does not decide to keep it, then the portion paid belongs to the seller as compensation for holding the commodity during the period of option. So, according to the correct view, there is nothing wrong with it. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، لا حرج في أخذ العربون – الشيخ صالح الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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