Islamic Fatwas 1346 Fatwas Available 
Fatwa | Islamic Rulings
  Important categories:     Purification     Prayer     Fasting     Charity     Pilgrimage  
Thursday 14 December 2017  
Search FatwaIslam:         • Advanced Search
• Preferences

Home » Social Dealings » Buying and Selling

the ruling on whoever took some Gold to consult over it and he gave some other Gold as collateral until he retured
Question:

What is the ruling on the merchant taking some gold in return for gold that the buyer wants to consult over,and this gold that the merchant takes is collateral until the buyer returns what he took from him? This is while knowing that the weights definitely are different between what he took and what was given as collateral.
Answer:

There is no harm in this, as long as he is not selling him the gold,and he(the buyer)only said, "take this gold as collateral with you until i go and consult over it,and then i will return to you so we can start the sale over. " Then,when they carry out the sale,the buyer gives him the complete price and takes his gold back that he gave as collateral to him(the merchant).

Shaykh Muhammad bin Saalih al-`Uthaymeen
Fatawa Islamiyah Darussalam VOL:4 no.404
Other subjects of interest:

Marriage and Engagement
Family and Society
Divorce and Separation
Child Custody
Buying and Selling
Loans and Mortgages
Celebrations
Education
Non-Muslims
Inheritance


2017 FatwaIslam.Com
Fatwa - Islamic Rulings - Islamic Scholars