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The question

Is the sale and purchase considered valid if 10 tons of iron were bought at a low price with an agreement for it to remain in the seller's warehouse, and then its price increased later and it was collected?

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

The sales contract is one of the binding contracts, and neither party has the right to revoke or amend it except by agreement. The increase in the price of the commodity after its sale does not affect the validity of the contract, and the seller does not have the right to the price difference. If the commodity is sold for a dinar currency, the seller is entitled to the like of his debt, not its value, because debts are settled by their likes, not by their value. The transaction between you and the iron seller is valid, and you are only obligated to pay the agreed-upon price.

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
95915
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