Is dropshipping permissible if I let customer know about the product but I don't have it yet? Assim

Summary

The video addresses the permissibility of dropshipping in Islamic finance. The speaker explains that dropshipping is allowed under three conditions: the product must be clearly described, the customer must pay upfront, and a precise delivery date must be given. By fulfilling these conditions, dropshipping becomes permissible in Islam. The speaker emphasizes transparency and clear agreements between the seller and the customer, ensuring the transaction is fair and aligned with Islamic principles.

Takeaways

• 😀 Drop shipping is allowed if certain conditions are met.
• 😀 The seller must inform customers that they don't have the products in stock and will purchase them after payment.
• 😀 The first condition is that the product must be clearly described with no ambiguity or faults.
• 😀 The customer must know exactly what they are buying, such as an Apple Watch Series 7 with specific details.
• 😀 The second condition is that the customer must pay upfront before the seller acquires the product.
• 😀 The third condition is that a precise delivery date must be given, not a vague timeframe.
• 😀 The seller and customer must agree on the delivery date, such as a specific date like May 25th.
• 😀 The seller must not provide a vague delivery window like 'before the end of 2022.'
• 😀 If these three conditions (product description, upfront payment, and precise delivery date) are met, the transaction is permissible.
• 😀 It is important to fulfill these conditions for the drop shipping process to be considered halal (permissible).

Q & A

What is the main topic discussed in the script?

The main topic of the script is the permissibility of dropshipping in Islam and the conditions under which it is allowed.

What is the first condition for dropshipping to be allowed?

The first condition is that the product must be fully described, with no ambiguity or faults, ensuring the customer understands exactly what they are purchasing.

What specific example is given to illustrate the first condition?

The example given is the purchase of an Apple Watch Series 7, with the specific details such as size (44 millimeters) clearly stated.

What is the second condition for a permissible dropshipping transaction?

The second condition is that the customer must pay upfront for the product.

Why is paying upfront a necessary condition for dropshipping?

Paying upfront ensures that the customer has committed to the purchase, and it avoids issues such as uncertainty or non-payment after the product is ordered.

What is the third condition for a lawful dropshipping transaction?

The third condition is that a precise or close delivery date must be provided to the customer.

Can the delivery date be vague, such as 'before the end of 2022'?

No, the delivery date must be specific, such as 'by the 25th of May' or within a specific week. Vague delivery timelines like 'before the end of 2022' are not acceptable.

What happens if all three conditions are fulfilled in a dropshipping transaction?

If all three conditions are met—full description, upfront payment, and a precise delivery date—the dropshipping transaction is considered permissible in Islam.

What is the significance of the 'five percent' mentioned at the end of the script?

The 'five percent' seems to be a reference to a fee or commission that the speaker expects for facilitating the transaction, though it's not elaborated in detail in the script.

Is dropshipping inherently haram (forbidden) in Islam?

No, dropshipping is not inherently haram. As long as the conditions outlined in the script are fulfilled, it can be permissible.