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The question

What is the ruling on buying olive oil and paying its price before it is harvested?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

If the sale is in the form of a salam (forward) contract, then there is no legal impediment to it. The conditions for this are that the capital must be paid in full at the time of the contract, and it must not be stipulated that the olive oil comes from a specific farm, because there is no guarantee against its spoilage. However, if the sale is not in the form of a salam contract, then it is impermissible due to the elements of jahalah (uncertainty), gharar (excessive risk), and selling what the seller does not possess.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
94610
Imported
Translation status
Source text, unreviewed
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