Ordering an item without knowing the price

· 18 Jumada II 1442 AH1 min readEnglish
Business and DealingsTradeValid & Invalid transactions

Question

Is it permissible to buy products on credit if I do not know the price of the product? For example, I order some things, the seller delivers the products to my house, and I say that whatever the money is, I will pay at a later time. I don’t know the price of the products while buying. Is the transaction valid?

Answer

The price must be confirmed before the sale can be concluded. You may conclude the sale when the item gets delivered.

And Allah Ta'ala (الله تعالى) knows best.

References (Arabic / Urdu sources)

ومنها (أي شرائط الصحة) أن يكون المبيع معلوما والثمن معلوما علما يمنع من المنازعة فبيع المجهول جهالة تفضي إليها غير صحيح كبيع شاة من هذا القطيع وبيع شيء بقيمته وبحكم فلان (الفتاوى الهندية 3/3)

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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