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The question

Is there any doubt concerning the agreed-upon method of selling gold—where the price is agreed upon in advance, and the gold and money are exchanged later—and is it permissible to sell it at the agreed-upon price despite the continuous fluctuation in gold prices?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

There is no harm in a non-binding promise of sale if the sale is conducted hand-to-hand. Some scholars permit a promise in currency exchange (sarf). There is no impediment to the sale being concluded at the agreed-upon price or at a different one.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
190518
Imported
Translation status
Source text, unreviewed
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