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Buying Gold From Bank And Selling It To Clients
Can one purchase gold from a bank, deposit the purchase price in that bank's account, and then sell the gold to clients on the basis of a mutual receipt?
Since the sale of gold by the bank to clients takes place after its purchase and the deposit of its price in the seller's account, the sale is perfectly lawful. It is a sale of what is owned and possessed after mutual receipt of the two counter values in both the original purchase from the other bank and in the sale to the Islamic bank's clients.

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