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The question

Is it permissible, Islamically, for someone who borrowed a sum of money and promised to repay it after harvesting his crop with a specific quantity of rice, the value of which is estimated at the borrowed amount, to pay the lender the price difference if the value of the rice increases at the time of repayment, knowing that the prevailing custom in that region is to repay debts from the crop regardless of subsequent price changes?

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

The Prophet, peace and blessings be upon him, approved the transaction of the Ansar in which an advance payment was made for the future purchase of dates. This transaction is known as 'Salam' or 'Salaf'. It is permissible for a person to take the agreed-upon rice even if its price increases, because 'Salam' is the prepayment of the price and the deferment of the sold item under known conditions (a known measure, a known weight, and a known term). This is not a loan, but rather a sale.

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
18064
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