What is the ruling on forward sale in food?
Machine translationRead the Arabic original
The questioner : O Shaykh, is forward sale in food permissible?
The Shaykh : How?
The questioner : For example, I take ten sa' of wheat from you...
The Shaykh : Yes.
The questioner : And I return it to you as ten sa'.
The Shaykh : Yes, how?
The questioner : Is it permissible, meaning?
The Shaykh : It is permissible, yes. Even in the case of animals, the Messenger of Allah (peace and blessings be upon him) would take a camel in exchange for two camels, and two camels in exchange for three, up to the amount of charity.
The questioner : ... Animals are not subject to riba.
The Shaykh : Yes, that is correct, they are not subject to riba, but even in this case, one sa' for one sa' is fine.
The questioner : Shaykh?
The Shaykh : Yes, O 'Abd Allah.
The Shaykh : How?
The questioner : For example, I take ten sa' of wheat from you...
The Shaykh : Yes.
The questioner : And I return it to you as ten sa'.
The Shaykh : Yes, how?
The questioner : Is it permissible, meaning?
The Shaykh : It is permissible, yes. Even in the case of animals, the Messenger of Allah (peace and blessings be upon him) would take a camel in exchange for two camels, and two camels in exchange for three, up to the amount of charity.
The questioner : ... Animals are not subject to riba.
The Shaykh : Yes, that is correct, they are not subject to riba, but even in this case, one sa' for one sa' is fine.
The questioner : Shaykh?
The Shaykh : Yes, O 'Abd Allah.