Back to search
The question

What is the ruling on terminating a commodity purchase transaction before its arrival, on the pretext of stopping the usurious interest that the financial intermediary is likely to be investing the money in?

Share this answer

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

It is permissible to buy and sell online as long as the act is free from usury and other -prohibited elements. There is no objection to conducting the transaction even if the intermediary invests funds in usurious ways, as there is no obligation to terminate the transaction merely for that reason.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
134493
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