Q: I intend to begin online precious metals trading (buying and selling gold online for example), and I saw in this forum that “purchasing gold online in exchange of money” is permissible. Can you please explain what does it mean exactly?
A: If you are going to physically receive the gold and thereafter sell it, then it will be permissible.
And Allah Ta’ala (الله تعالى) knows best.
Mufti Ebrahim Salejee (Isipingo Beach)