Question ID: 28628
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Can a person sell something which he has bought but has not yet taken possession of?

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Asked on June 26, 2008 12:00 am
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If the item is moveable property, then its sale is not permissible until one has taken possession thereof. However, in the case of an immovable property e.g. land, its sale before taking possession thereof is permissible according to Saahibain, not so according to Imaam Abu Hanifa (rahmatullahi alaih) (Kitaabul Buyoo).
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Answered on June 26, 2008 12:00 am