Specific vs. Non-Specific Commodities

In Islamic Finance, the shari’ah differentiates between two types of commodities (this is just one differentiation): specific, and non-specific.
Specific: “I’ll sell you this Saheeh Bukhari printed in 2004 by Dar-us-Salaam that I’m holding in my hand.”
Non-Specific: “I’ll sell you a copy of Saheeh Bukhari printed in 2004 by Dar-us-Salam.”
So if you own some large amount of inventory, or you sell in volume, or you have a bookstore, etc. you are probably selling non-specific items. Like those apples above. If you’re using Craig’s List, or eBay, you’re likely selling specific items (unless you’re bulk-selling).



