What is the ruling on selling a qintar of cotton before the harvest is brought out for a higher price?
Machine translationRead the Arabic original
The questioner : Before the cotton grows... something in the harvest, and when the cotton harvest comes, he takes a qintar of cotton, and its price is more than two hundred pounds. Is this riba (usury or interest)?
The Shaykh : No, there is no riba (usury or interest) in it.
The questioner : There is no riba (usury or interest) in it.
The Shaykh : This is called salam (a forward sale paid in advance).
The questioner : What is it called?
The Shaykh : Salam (a forward sale paid in advance) or salam (a forward sale paid in advance); these are two names. It is permissible. This is a specific calamity that occurred after all these years. Therefore, this calamity that befell him, compared to the calamity that befell all the Muslims in his time and after his time due to his death, these calamities that befall the Muslims after his death become light when compared to the calamity of his death. But, my brothers, we need to go. In the name of Allah.
The Shaykh : No, there is no riba (usury or interest) in it.
The questioner : There is no riba (usury or interest) in it.
The Shaykh : This is called salam (a forward sale paid in advance).
The questioner : What is it called?
The Shaykh : Salam (a forward sale paid in advance) or salam (a forward sale paid in advance); these are two names. It is permissible. This is a specific calamity that occurred after all these years. Therefore, this calamity that befell him, compared to the calamity that befell all the Muslims in his time and after his time due to his death, these calamities that befall the Muslims after his death become light when compared to the calamity of his death. But, my brothers, we need to go. In the name of Allah.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.