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Business and Financial Transactions
Ruling on selling an item that is not present on the basis of a description or without a description
SaveHe bought a car then he found a defect in it; does he have the right to demand compensation for this defect?
SaveIf he signed a purchase contract unwillingly, does he have the right to break some of the conditions without the seller’s knowledge?
SaveSelling an item that is not in his possession through profit-sharing (murabahah) or payment in advance (salam transaction) or by hiring someone to sell it in return for a fee
If the customer wants to buy hardware that you do not possess, you can make a deal with him in one of the following ways: 1. Acting as a proxy in return for a fee; 2. A profit-sharing transaction (murabahah); or 3. Payment in advance for items to be delivered at a later date (salam transaction). Each of these is explained in detail in the long answer.SaveHow can the salam transaction [payment in advance for something to be delivered at a later date] be valid even though it is selling something that one does not have?
SaveHe sold a computer, and a few days later the purchaser claimed that it was defective; does he have the right to cancel the deal?
SaveIf someone buys something, then finds out that the price was unfair, 12% above the regular price, does he have the option to cancel the deal?
SaveDoing a deal when one of the two parties to the transaction is not present
SaveSelling three-dimensional images on which clothes are displayed
SaveSelling a purchased item before taking possession of it and taking it to one’s location
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