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The question

Is immediate possession a condition for money in a sale?

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

Receiving the price is not a condition for the validity of an absolute sale, except in the case of a forward sale (Salam), where the full price must be received at the contracting session. Similarly, in currency exchange (Sarf) and the sale of usurious commodities that share the same underlying cause for usury, the exchange of both counter-values is stipulated.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Ftawy
Original fatwa ID
183193
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