The ruling on buying the Fruit of Palm Trees then selling it while it is still on the Tree

Question :

There are people who buy fruit of palm trees at a specified price when they first begin to ripen, then they sell it for a profit while it is still on the trees. Is this permissible or not?

Answer:

This type of dealing is permissible from the Book and the Sunnah as it enters into the generality of the evidences concerning sales, and we do not know of any evidence that removes it from being included in this generality. This is also because the fruit is possessed by the first owner relinquishing it.

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