#028: In this episode we explain Salam and then discuss dropshipping
Timestamps
0:00 Overview of “Buying and Selling”
1:58 Conditions of a Transaction
4:23 Definition of Salam
6:11 Explaining Salam
6:49 Normal transaction vs Salam
7:32 The difference between Salam and Selling what you don’t own
9:05 Benefit of Salam for Buyer and Seller
10:14 Conditions of Salam
11:15 Condition 1 (Measurement and Uniformity)
15:28 Condition 2 (Specifications)
16:42 Condition 3 (Time Frame)
18:24 Condition 4 (Deliverability)
19:30 Can a trader/dealer conduct Salam?
22:03 Condition 5 (Payment)
23:30 Dropshipping Overview
24:44 Model 1 (Alibaba; Aliexpress; Oberlo)
26:26 Model 2 (Becoming an Agent)
27:10 Model 3 (Buying wholesale and using fulfilment such as Amazon FBA)
27:47 Agreement amongst the scholars
29:25 Difference of opinion
30:24 Why the scholars differed
30:50 Salam Al- Haal (Is dropshipping Halaal or Haraam?)
31:24 Opinion 1 (Why dropshipping is Haram)
32:14 Opinion 2 (Why dropshipping is Halaal)
34:16 Qiyas
35:24 Resource
35:49 Important Reminder
36:31 Which opinion do i follow?
37:29 Easy Money