Sale for an unknown price to be paid after a month
Machine translationRead the Arabic original
The questioner:
Take it, O Shaykh. I told him, may Allah reward you, what is the ruling on a sale with a deferred price? That is, a man buys a commodity and says, “I will pay you after a month at the same price as the day I bought it”? And the ruling on a deferred sale, meaning a man buys a craft item and says, “I will pay you after a month at the same price as the day I bought it”?
The Shaykh:
I do not know; the question is not clear. A man…
The questioner:
A man buys a commodity and says, “I will pay you after a month at the same price as the day I bought it.”
The Shaykh:
How? A sale is not valid except for a known price. A sale is not valid unless the price is known—known in amount, type, and kind. The price must not be unknown, such that it is not determined until after a month or two. This is not valid. The price must be known at the time of the contract. Yes.
Take it, O Shaykh. I told him, may Allah reward you, what is the ruling on a sale with a deferred price? That is, a man buys a commodity and says, “I will pay you after a month at the same price as the day I bought it”? And the ruling on a deferred sale, meaning a man buys a craft item and says, “I will pay you after a month at the same price as the day I bought it”?
The Shaykh:
I do not know; the question is not clear. A man…
The questioner:
A man buys a commodity and says, “I will pay you after a month at the same price as the day I bought it.”
The Shaykh:
How? A sale is not valid except for a known price. A sale is not valid unless the price is known—known in amount, type, and kind. The price must not be unknown, such that it is not determined until after a month or two. This is not valid. The price must be known at the time of the contract. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 31 من 89|شرح العدة في شرح العمدة|الإجارة|باب الشفعة|صالح الفوزان|الفقه|كبار العلماء — youtube.com (1:11:57)
The Arabic text is a machine transcription of the audio recording.