The validity of installment sales when the seven conditions of sale are met
Machine translationRead the Arabic original
Question:
May Allah reward you. This questioner asks: What are the conditions for a valid installment sale?
Answer:
The seven conditions of sale. If the seven conditions of sale are met, the sale is valid, whether it is a lump sum or an installment sale, meaning whether the price is paid immediately or deferred, either in full or in installments. It is all the same; there is no harm. Allah has made selling lawful, and the default in transactions is permissibility, except for what evidence indicates is forbidden.
May Allah reward you. This questioner asks: What are the conditions for a valid installment sale?
Answer:
The seven conditions of sale. If the seven conditions of sale are met, the sale is valid, whether it is a lump sum or an installment sale, meaning whether the price is paid immediately or deferred, either in full or in installments. It is all the same; there is no harm. Allah has made selling lawful, and the default in transactions is permissibility, except for what evidence indicates is forbidden.
Source
قناة «العلامة الدكتور صالح الفوزان»، [3436/2820] صحة البيع بالتقسيط إذا توفرت شروط البيع السبعة - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.
