The ruling on selling on installment with an increase over the present price
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. He says: What is the ruling on selling and buying goods on installment that the seller owns, but with an increase over the present price?
Answer:
There is nothing wrong with it,[Al-Baqarah 2:275]. It is permissible to sell it for immediate payment or on credit with an increase; because deferring payment necessitates an increase. People do not defer payment to others except with an increase. There is nothing wrong with that.
Honorable Shaykh, may Allah grant you success. He says: What is the ruling on selling and buying goods on installment that the seller owns, but with an increase over the present price?
Answer:
There is nothing wrong with it,
But Allah has permitted trade
وَأَحَلَّ اللَّهُ الْبَيْعَ
Source
قناة «العلامة الدكتور صالح الفوزان»، [3436/3411] حكم البيع بالتقسيط بزيادة عن الثمن الحاضر - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.
