FatwaFederal TerritoriesTransactions & Finance
IRSYAD HUKUM SIRI KE-440 : HUKUM PERNIAGAAN MEJA PENCERAMAH MELALUI TEMPAHAN
Is it permissible to run a business selling lecture tables through advance orders when the seller has not yet bought or made the tables when taking payment?
Short answer
The default rule in sales is that the goods must exist at the time of the contract, and selling what the seller does not possess is prohibited because it involves gharar.
A reference, not a fatwa. First sentence of the summary below — read the original fatwa and consult your state authority before acting.
- Authority
- Federal Territories Mufti Office
- Date
- Status
- Opinion (irsyad)
- Series
- Irsyad al-Hukum (Umum)
- Topic
- Transactions & Finance
No evidence of gazettement in the source — this is not a gazetted fatwa.
Summary
The default rule in sales is that the goods must exist at the time of the contract, and selling what the seller does not possess is prohibited because it involves gharar. However, Islam permits the salam sale as an exception based on public benefit and need. In salam, goods that are not present at the contract may be sold under certain conditions, including that the contract wording states the goods' description, the delivery time and the wording of salam or salaf.
Written in our own words from the original fatwa — check the source before acting on it.
Barangan jualan hendaklah wujud ketika akad dilakukan. Tidak harus menjual barangan yang tidak wujud.
Read the full fatwa on the Federal Territories website (new tab)
How to cite
Cite the original fatwa and its authority. Rujuk Fatwa is only where you found it.
Federal Territories Mufti Office. “IRSYAD HUKUM SIRI KE-440 : HUKUM PERNIAGAAN MEJA PENCERAMAH MELALUI TEMPAHAN”, 3 March 2020. https://muftiwp.gov.my/ms/artikel/irsyad-hukum/umum/4270-irsyad-al-fatwa-siri-ke-440-hukum-perniagaan-meja-penceramah-melalui-tempahan. Found via Rujuk Fatwa: https://rujukfatwa.com/en/fatwa/ruling-lecture-table-business-advance-orders/