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Question
They imposed a condition that if he did not buy the product from them, he would have to pay them compensation if they sold it at a loss. Is this an invalid condition? For example, he came and said, “I want to buy such and such a product” and they said, “We will bring it from America and if you do not buy it, and we sell it to someone else at a loss, you will have to compensate us because you broke your promise.” Is this an invalid condition?
Answer
Praise be to Allah.We put this question to Shaykh Muhammad ibn Saalih
al-‘Uthaymeen, may Allaah preserve him, who answered as follows:
Yes, this is an invalid condition.
And Allâh knows best.
Source: IslamQA (Sheikh Muhammed Salih Al-Munajjid)