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M&M Question and Answer #2

M&MQ&A02

Q) What are the conditions of a Seller and a Buyer?

A) There are six conditions for the Sellers and Buyers:

1) They should be Baligh (reached the age of puberty).
2) They should be sane.
3) They should not be impudent, that is, they should be squandering their wealth.
4) They should have a serious and genuine intention to sell and purchase a commodity.
5) They have not been forced to sell and buy.
6) They should be the rightful owners of the commodity which they wish to sell.

Source: “Islamic Law: Raising Awareness on Fiqh and Ulamaa