Restricting the price of a commodity in a Salam sale as per prevalent rates in a particular market
Fatawa Question
Is an agreement permissible on restricting the price of a commodity in a Salam sale according to rates of a particular market (or for instance, at a market price less 10 %), the market rate being the one prevalent on the day of delivery ? or is it imperative to absolutely fix the price right in the beginning ?
Fatwa
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Publisher
Aafaq Center for Research in Islamic Economy
Publication Date
2015-07-27
Country of Publication
United Arab Emirates
Main Subjects
Economics & Business Administration
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-723858
American Psychological Association (APA)
Aafaq Center for Research in Islamic Economy (Dubai, United Arab Emirates). 2015-07-27. Restricting the price of a commodity in a Salam sale as per prevalent rates in a particular market. . Dubayy United Arab Emirates : Aafaq Center for Research in Islamic Economy.
https://search.emarefa.net/detail/BIM-723858
Modern Language Association (MLA)
Aafaq Center for Research in Islamic Economy (Dubai, United Arab Emirates). Restricting the price of a commodity in a Salam sale as per prevalent rates in a particular market. Dubayy United Arab Emirates : Aafaq Center for Research in Islamic Economy. 2015-07-27.
https://search.emarefa.net/detail/BIM-723858
American Medical Association (AMA)
Aafaq Center for Research in Islamic Economy (Dubai, United Arab Emirates). 2015-07-27. Restricting the price of a commodity in a Salam sale as per prevalent rates in a particular market. Dubayy United Arab Emirates : Aafaq Center for Research in Islamic Economy.
https://search.emarefa.net/detail/BIM-723858
