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3843608
Sale and Purchase of Gold
Description
Sales and Purchase of Gold According to Islam Laws
No tags specified
islamic
financial
transaction
hadeeth
saheeh
albukhari
fathulbari
hadeeth
university
Mind Map by
Ayesha Basheer
, updated more than 1 year ago
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Created by
Ayesha Basheer
about 9 years ago
255
1
0
Resource summary
Sale and Purchase of Gold
Gold for Gold
Gold for Gold alike in quality and weight
like gold ingots or bars for jewellery
Permissible
Gold for gold with extra payment
like gold bars for jewellery with extra payment
Prohibited=Usury
Aviod it by paying for worked gold by currency and then buy gold bars with currency
Gold on Credit
Prohibited
avoid it by on spot payment
Gold for currency
on the spot payment
Permissible
Delayed payment
Prohibited
Avoid it by on the spot payment
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