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The question

What is the ruling on selling a property that was purchased while it was still in the planning stage and before its handover?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

Selling a property or anything else before taking possession of it is impermissible due to the presence of (deception/uncertainty) and jahalah (ignorance), and due to the prohibition reported from the Prophet, peace and blessings be upon him, regarding this. An exception to this is selling property through "parallel Salam", where a contract for the sale of the property is concluded with the same specifications as the first contract, which has not yet been taken possession of.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
86708
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy