Ruling on the Sale of Cheques (Bayʿ al-Quṭūṭ)
✍ Written by: Imran Ayyub Lahori
The word “al-Quṭūṭ” is the plural of “al-Quṭṭ”, meaning cheque, note, account register, or share, etc.
[Al-Munjid, p. 701]
According to the scholars, selling cheques and similar instruments is not permissible. However, if the cheque reaches the person in whose name it was written, then after it becomes his property, he may sell it.
[Al-Rawḍah al-Nadiyyah, 2/225]
This is also supported by the statement of Allāh Almighty:
«عَجِّل لَّنَا قِطَّنَا» [Ṣād: 16]
“Bring us our record (or our destiny) quickly.”
✍ Written by: Imran Ayyub Lahori
The word “al-Quṭūṭ” is the plural of “al-Quṭṭ”, meaning cheque, note, account register, or share, etc.
[Al-Munjid, p. 701]
According to the scholars, selling cheques and similar instruments is not permissible. However, if the cheque reaches the person in whose name it was written, then after it becomes his property, he may sell it.
[Al-Rawḍah al-Nadiyyah, 2/225]
This is also supported by the statement of Allāh Almighty:
«عَجِّل لَّنَا قِطَّنَا» [Ṣād: 16]
“Bring us our record (or our destiny) quickly.”
