Question

Allaah permits trade

465

Question

I have a sum of money which I would like to invest. Is it permissible for me to trade with this money so that whenever a commodity is demanded from me I buy it and then sell it either in cash or installments after adding my profit?
May Allaah Reward you.

Related Fatwa

Would the seller keep incurring sin after selling a haram business if the buyer operates and grows it?

Sold a flawed product and forgot the buyer — what should the seller do?

Storing Goods with Company in Its Storehouse and Then Selling Them Via the Internet

Buying a Product whereby the Seller Conditions on You Not to Resell

Investigating the Source of the Wealth

He Insisted on His Father to Buy a Mobile for Him

Setting Up Project for Mobile Phone Headsets and Accessories

Accepted Answer

All perfect praise be to Allaah, The Lord of the Worlds. I testify that there is none worthy of worship except Allaah, and that Muhammad, sallallaahu ‘alayhi wa sallam, is His Slave and Messenger.

This form of investment is lawful as long as the demanded commodity which you buy becomes fully your own before you sell it. Allaah The Almighty Says (what means): {And Allaah Has permitted trade.} [Quran 2:275]

Allaah Knows best.

Fatwa

Allaah permits trade

Question

Answer

Related Fatwa

Would the seller keep incurring sin after selling a haram business if the buyer operates and grows it?

Sold a flawed product and forgot the buyer — what should the seller do?

Storing Goods with Company in Its Storehouse and Then Selling Them Via the Internet

Buying a Product whereby the Seller Conditions on You Not to Resell

Investigating the Source of the Wealth

He Insisted on His Father to Buy a Mobile for Him

Setting Up Project for Mobile Phone Headsets and Accessories

Search Fatwa

Fatwa Subject

Categories

Multimedia

Special Folders

Services