Islamic Fatwas 1346 Fatwas Available 
Fatwa | Islamic Rulings
  Important categories:     Purification     Prayer     Fasting     Charity     Pilgrimage  
Friday 29 March 2024  
Search FatwaIslam:         • Advanced Search
• Preferences

Home » Social Dealings » Buying and Selling

There is no problem with this Action
Question:

What is your eminence's opinion concerning some of those who buy gold asking about the price of the new gold, then once they know its price they pull out some used gold that they have with them and sell it? Then, when they receive the cash they buy some new merchandise.
Answer:

There is no problem with this as long as there is no agreement and secret understanding beforehand. However, Imam Ahmad held the view that in this situation the person should go and seek the new merchandise somewhere else and buy from there. If he is not able to find it he may return to the one whom he sold the gold at the first and buy from him. This is so that this transaction will be removed from any doubt and resemblance to conniving.

Shaykh Muhammad bin Saalih al-`Uthaymeen
Fatawa Islamiyah Darussalam VOL:4 no.399
Other subjects of interest:

Marriage and Engagement
Family and Society
Divorce and Separation
Child Custody
Buying and Selling
Loans and Mortgages
Celebrations
Education
Non-Muslims
Inheritance


2024 FatwaIslam.Com
Fatwa - Islamic Rulings - Islamic Scholars