Your Eminence, Grand Mufty of
the Kingdom of Saudi Arabia;
As-salamu `alaykum warahmatullah wabarakatuh (May Allah's Peace, Mercy, and Blessings be with you).A man (Part No. 23; Page No. 463) sold the certificates of his farm that he had not planted to one of his relatives for forty thousand Riyals. The buyer bought corn from an agribusiness company for 85 Halala for each kilogram and sold it to the silos institution for two Riyals for one kilo. What is the ruling on this transaction? May Allah protect you, guide you and make Paradise a final destination for you and us!As-salamu `alaykum warahmatullah wabarakatuh (may Allah's peace and blessings be with you).
The farmer's selling his farm's certificates and the buyer's purchase of corn from an agribusiness company at a price lower than the price offered by the silos institution to sell it as land-produce of the farmer are not permissible. The contract is null and void because it involves telling lies and deceiving the authorities.May Allah grant us success. May peace and blessings of Allah be upon our Prophet Muhammad, his family and Companions!