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There is no doubt that Islam is a universal rule of life. This is the religion which requisites according to the situation of all periods and it covers all sections of our life. Islam instructs about all up & down of our lifes.In human society for mutual transaction "The possession" acts as the backbone. Rather you can say mutual transaction is totally depends on "possession".Financial transactions are continuing since olde times before and after Islam We noted that in every period the forms of possessions do change. Due to this reason different forms of possessions came into existence.That is why it creates lot of new problems and the different ideas of possessions. This is not the end, it is still going on. No doubt this topic surrounds many kinds of financial transaction.We can guess due to non-acquaintance about possessions, in general it is happening. As for example if someone buys something and before taking possessions of the same it is unlawful to sell it. But now a days, unfortunately this types of things are very common in the markets.Therefore it is essential to bring these in the knowledge to get fully acquaintanceof the possessions so that all Muslims must know about its reality.After getting acquaintance Muslims can mold themselves according to Islamic laws

M.Naseer. (2017) قبضہ سے پہلے خرید و فروخت مذہبی اعتبار سے, Al Tafseer, Volume 29-30, Issue 1.
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