PRE-ORDER!!!

Pre-order is contrary to Islamic teaching because you are selling something that you do not own, and you are selling something that is not in your possession and it is not within your power to guarantee it and hand it over to the purchaser.

Dealing in such transactions may lead to disputes and conflict, because you may be faced with a sudden rise in price, so that the item may cost more than the price for which you sold it.

Similarly, the item may become unavailable.

There is also another risk that has arisen in your transaction, which is that the trader does not exist in the first place! Therefore it is not permissible for anyone to sell a specific item that is not in his possession.

It was narrated that Ibn Hizaam said: O Messenger of Allah, people come to me wanting to buy something that I do not possess; should I buy it for them from the marketplace? He said: “Do not sell that which you do not possess.”

Abdullah ibn ‘Amr said: The Messenger of Allah (blessings and peace of Allah be upon him) said: “It is not permissible to arrange a loan combined with a sale, or to stipulate two conditions in one transaction, or to make a profit on something that is not under your control.......

or to sell something that you do not possess.” Narrated by at-Tirmidhi

Allah knows best.