LEGAL SOLUTIONS To SELL GOLD and SILVER JEWELRY in DEBT

  • Rifaat Khalaf Hussein Department of jurisprudence / College of Imam Azam University - Samarra .

Abstract





This research deals with the ruling on selling gold and silver jewelery in debt. It is well known that the majority of jurists and modern Fiqh Jurisprudence have agreed on the inviolability of selling gold and silver jewelery with religion. Therefore I wanted to look for legal solutions and jurisprudential exegesis from falling into forbidden riba. There are two legitimate ways to get rid of falling into riba:


The first is his photo: two people are contracted to buy jewelery in cash, but the buyer buys the jewelry from the seller, then he buys all or part of the price. The buyer then receives the money and then pays the seller a price for the jewelry


The second way out: His image is that a person deals with a goldsmith, and he takes gold and silver jewelry as a loan. The lender then refunds it to him other than the other currencies, such as the Iraqi dinar, the US dollar or other currencies.





Published
Jan 31, 2020
How to Cite
HUSSEIN, Rifaat Khalaf. LEGAL SOLUTIONS To SELL GOLD and SILVER JEWELRY in DEBT. ISLAMIC SCIENCES JOURNAL, [S.l.], v. 10, n. 4, p. 51_80, jan. 2020. ISSN 2073-1159. Available at: <https://jis.tu.edu.iq/index.php/islam/article/view/207>. Date accessed: 26 may 2022. doi: http://dx.doi.org/10.25130/islam.v10i4.207.