* Ruling on buying gold from an online store*
For the sale of gold to be valid according to Islamic law, the exchange must be immediate, hand to hand. To fulfill this condition of immediate exchange, the following conditions must be met:
1- When you pay or transfer the price of the item to our account, it will be held in trust .
2- When the shipping and delivery company delivers the item to you, the shipping company will collect on your behalf.
3- Thus, the condition of exchange is fulfilled, God willing, as the required amount is what was transferred as a " sale " when the shipping company receives the item.
See the fatwa of Sheikh A. Saad bin Turki Al-Khathlan - former member of the Council of Senior Scholars.
*Fatwa by His Eminence Sheikh Dr. Abdullah Al-Mutlaq, Member of the Council of Senior Scholars, regarding payment by installments*
