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Selling gold online

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Business and DealingsTradeGold, Silver and Moneybusinesssellgold

Question

I intend to begin online precious metals trading (buying and selling gold online for example), and I read the mas’alah that “purchasing gold online in exchange of money” is permissible. Can you please explain what this means?

Answer

If you are going to physically receive the gold and thereafter sell it, it will be permissible.

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

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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