The Ruling on the Right of Option in the Meeting Place for the Buyer and the Seller
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Question:
If the buyer purchases an item in dollars and the price drops in the market, causing the seller to suffer a loss, do we say that the statement is valid... until his oath is accepted...? For example, if he bought a "dollar" from him and it dropped in the market?
Answer:
As long as the sale has been completed, it is final, unless they are still in the meeting place, in which case they have the right of option. Each one has the right of option, whether it is dollars or anything elseSunan an-Nasa'i 4481Hasan (Darussalam) provided they have not agreed to waive the right of option.
(Lectures explaining Bulugh al-Maram, Book of Sales)
If the buyer purchases an item in dollars and the price drops in the market, causing the seller to suffer a loss, do we say that the statement is valid... until his oath is accepted...? For example, if he bought a "dollar" from him and it dropped in the market?
Answer:
As long as the sale has been completed, it is final, unless they are still in the meeting place, in which case they have the right of option. Each one has the right of option, whether it is dollars or anything else
Two trades have the choice as long as
البيعان بالخيار حتى يتفرقا(Lectures explaining Bulugh al-Maram, Book of Sales)
Source
binbaz.org.sa
The Arabic text is copied verbatim from the original source, without any edits.