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Is it permissible to purchase an ounce of gold with a partial upfront payment, and receive it later at the same agreed-upon price, knowing that the shop does not deliver the gold immediately and sells it by order?

1 min readAlso available in العربية

It is not permissible to enter into a contract for the purchase of gold and defer its possession, because it is one of the usurious commodities for which immediate possession is a condition at the time of the contract. However, a non-binding promise to buy is permissible, followed by the sale after the seller takes possession of the gold, and possession occurs upon payment of the price.

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

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