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Is it Halal to sell things traded verbally, with down payment?

Answered as per Hanafi Fiqh by Darulifta-Deoband.com
Kindly guide if one can sell things which he has traded verbally only. Suppose, Asif agreed a price with Irfan of a book for Ruppees 10 & then later on Asif sells the same book to Salem for Ruppes 12. Is this transaction is Halal. And what is rule for down payement (Bayana) as this is very common practise in our society. People pay a small amount, supporse 10% of original price of the thing & then sell it onwards. Is this practise is Halal. Kindly guide.

Answer

(Fatwa: 1083/881/B=1431)

When the dealing has been settled with a person, the dealing with other person is not allowed without the permission of the first person.

Allah (Subhana Wa Ta’ala) knows Best

Darul Ifta,
Darul Uloom Deoband

This answer was collected from the official ifta website of Darul Uloom Deoband in India.