The legal status of a sale subject to an option being considered an incomplete contract.
Chapter on the Option of the Two Parties in Sale
Al-Mughni
Book of Sales
Primary text
The assertion that a sale with an option is an incomplete contract (*'aqd qasir*) is incorrect. The permissibility of dissolution (faskh) does not necessitate incompleteness nor prevent the transfer of ownership, analogous to a sale of a defective item. Any subsequent prohibition on disposition stems from the right of a third party, which does not impede the establishment of ownership, similar to mortgaged property or goods sold before physical receipt.