Ruling on buying gold from an online store

Ruling on buying gold from an online store


For the sale of gold to be valid according to Islamic law, the exchange must be hand-to-hand. In order for the condition of hand-to-hand exchange to be met, the following must be met:


  • When you pay or transfer the price of the item by yourself to our account, it will be "on trust".


  • When the shipping and delivery company delivers the item to you, the shipping company will collect on your behalf.


  • This fulfills the condition of exchange, God willing, as the requested amount is the amount transferred as a "sale" upon receipt of the item by the shipping company.



See the fatwa of Sheikh Saad bin Turki Al-Khathlan, a former member of the Council of Senior Scholars.