Ibn 'Abbas (Allah be pleased with them) reported that when Allah's Prophet (ﷺ) came to Medina, they were paying one and two years in advance for fruits, so he said:
Those who pay in advance for anything must do so for a specified weight and for a definite time.
Reference: Sahih Muslim 1604 a In-book : Book 22, Hadith 157 USC-MSA web (English) : Book 10, Hadith 3906 (deprecated)
Help us gift a modern, ad-free Islamic application for the Muslim Ummah. Your donation will be recorded as Sadaqah Jariyah in your book of deeds, In Sha Allah.