Tz- Ba’i al Salam (Advance Sale)

What does 'Salam' literally mean?

• Selling goods

• Buying goods

• Future delivery

• Advance payment

What is a key requirement for a Salam sale?

• Goods can be of any quality

• Goods must be delivered immediately

• Goods must be defined and price paid in advance

• No payment is required

Who benefits from a Salam sale?

• Neither the buyer nor seller

• Both the buyer and seller

• Only the seller

• Only the buyer

What is an example of a Salam sale?

• Purchasing a book online

• Paying for goods to be delivered later

• Renting an apartment

• Buying a car on credit

What is one of the pillars of a Salam sale?

• The price

• The seller's address

• The delivery method

• The buyer's name

What must be specified in a Salam contract?

• The seller's favorite color

• The seller's location

• The buyer's age

• The exact date of delivery

Which of the following is NOT a condition for a valid Salam contract?

• The commodity must be available in the market

• The buyer must pay the price in full

• The seller must be a registered business

• The quantity must be clearly specified

What is the term for the seller in a Salam sale?

• Musallim

• Muslam Ilaihi

• Ra’s al-Mal

• Al-Musallim Fih

What is a requirement for the commodity in a Salam sale?

• It can be any type of product

• It must be well-defined but not particularized

• It must be a specific unit of measure

• It must be a rare item

What happens if the buyer does not pay the full price in a Salam contract?

• The contract will be void

• The contract is still valid

• The buyer can demand a discount

• The seller can keep the advance payment