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?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
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
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- Ftawy
- Original fatwa ID
- 190518
- Imported
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- Source text, unreviewed
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