Only paying the supplier when receiving money from the customer

Q: I make payment to my supplier only when my buyer makes payment to me. Once I receive payment from my buyer I make payment to my supplier. Is this transaction acceptable as per our Islamic law?

A: The right thing will be to specify a date that within this time the money will be paid.

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

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)