What is the ruling on borrowing from the Jordanian Orphans' Fund Foundation, which purchases goods for the borrower and then sells them to him at an increase, given that it sells what it does not possess?

Summary of the Answer:

If the company sells a commodity it does not own, and then purchases it for the customer, the contract is void. However, if it requests a price quote from the customer, and then its representative goes to purchase the commodity and sells it to him for more than what it was bought for (due to the deferred payment), there is no harm in that. But taking a check or a guarantor before purchasing the commodity and finalizing the contract makes the customer's request binding for purchase, which is not permissible.