What is the ruling of Sharia on salam (forward) sale through an Islamic bank, according to the steps mentioned, and am I sinful if there is a defect in the conditions of salam sale on the part of the bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The mentioned transaction is the organized salam (forward sale), and some contemporary jurists have objected to it due to the suspicion of it being a superficial transaction or a legal trick, given that its procedures take place only between the client and the bank, and the bank acts as an agent for the client. However, if the bank has a trustworthy supervisory board, there is no harm for someone who follows its rulings in engaging in this transaction.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/132660
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 132660
- 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