What is the Sharia ruling on the Salam loan available in Islamic banks, where the borrower buys sugar and sells it to another, then takes the price and repays it in installments, without seeing the sugar or the parties to the sale?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If by "peace" is meant organized surrender, then previous fatwas have been issued prohibiting it, while some permit it. This matter still requires further research and decisions from Islamic Fiqh Academies. It is preferable not to proceed with it until the ambiguity is removed.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/116263
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 116263
- 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.
- Read the full ruling
- Read the full answer on Ftawy