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What is the ruling on purchasing goods through an Islamic bank that does not initially possess them, but rather buys them for the client and then sells them to him, taking into consideration the Hadith: "Do not sell what you do not possess"?

1 min readAlso available in العربية

The Hadith "Do not sell what is not with you" means do not sell what you do not own. Islamic banks often do not sell a commodity until they own it, and Shariah boards supervise this.

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

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