Selling gold online

Q: 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?

A: 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)