He bought some Gold and paid some of the Price and went to bring the rest from the Bank

He bought some Gold and paid some of the Price and went to bring the rest from the Bank


Question :

What is the ruling regarding someone who bought some gold and finalized the sale agreement for it, then he paid the price and a portion still remained to be paid? Is it permissible for him to go to any place to bring the rest after a short period of time, for example if he goes to the car or the bank, and he does not receive the gold until after he brings the rest of the money? Is this act correct? If not, is he required to redo the sales agreement after he brings the rest of the money?


Answer:

It is better for that they redo the sales agreement after he brings the rest of the money and there is no harm in that. The only thing that they are repeating is the wording. If they leave the sales agreement off until he brings the rest of the money that is even better, because there is no need for the agreement before the money is present. And Allâh gives success.


Source:
Ash-Shaykh Ibn 'Uthaimin
Fatawa Islamiyah, Vol. 4 Page 405

Read more:


people
Loading...