The ruling on installment sales with an increase in the price
Machine translationRead the Arabic original
Question:
Abu 'Ammar says: Shaykh, he buys cars from the showroom, owns them, and sells them to his colleagues on an installment basis, but he takes an increase in this installment payment based on the known practice in car sales.
Answer:
Yes, a deferred sale is not like a cash sale. In a deferred sale, there is an increase in the value due to the deferred period. Therefore, a deferred sale is different from a cash sale. The price is increased for the sake of the waiting period and the duration agreed upon between the parties. Yes.
Abu 'Ammar says: Shaykh, he buys cars from the showroom, owns them, and sells them to his colleagues on an installment basis, but he takes an increase in this installment payment based on the known practice in car sales.
Answer:
Yes, a deferred sale is not like a cash sale. In a deferred sale, there is an increase in the value due to the deferred period. Therefore, a deferred sale is different from a cash sale. The price is increased for the sake of the waiting period and the duration agreed upon between the parties. Yes.
Source
قناة «إذاعة القرآن الكريم»، نور على الدرب مع فضيلة الشيخ صالح الفوزان ح7475 — youtube.com (8:55)
The Arabic text is a machine transcription of the audio recording.