The first question of Fatwa no.
we suspected a matter concerning a kind of sale. Some said that it is Haram (prohibited), others said it is Halal (lawful) and others were undecided. We work at
Sugar Company, which gives every employee a third of a sugar bag. Because some workers are in dire need, they sell their share of the sugar in advance (Part No. 11; Page No. 43
This kind of sale is invalid because it is Majhul sale (sale of the unknown) and you cannot guarantee to take your share of the sugar. However, if you sell a known amount of sugar that is guaranteed for a certain time at the current price, and it is received in the meeting during which a contract is concluded, there is no objection because
this is Salam sale (sale with advance payment), which is valid according to Shari`ah (Islamic law). (Part No. 11; Page No. 44) May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.