Text copied Link copied

Al-Fatawa – home

﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

Scholar
Search mode

The ruling on selling goods on installment, and the ruling on selling them for two prices, one immediate and the other deferred

Machine translationRead the Arabic original
Question:
May Allah reward you. The sisters, Ibtisam and Qamar, and Muhammad 'Abd Allah Maqrum from Yemen, Abyan Governorate, have two questions. In the first, they ask: Is it permissible to sell something for three hundred riyals immediately and three hundred riyals by the end of the month? Is this considered riba (usury or interest)?

Answer:
It is permissible to sell an item for an installment price, praise be to Allah, for an installment price with an immediate installment and a deferred installment, or for deferred installments. However, if the intention is that they are selling the item for two prices, immediate or deferred, deferred for such-and-such or immediate for such-and-such, then this is a sale that has not been concluded. This is a sale that has not been concluded because they have not decided on one of the two prices. And the Messenger (peace and blessings be upon him) said:
If anyone makes two transactions combined in one bargain, he should have the lesser of the two or it will involve usury.من باع بيعتين في بيعة فله أوكسهما أو الربا
Sunan Abi Dawud 3461Hasan (Al-Albani)
Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، 5111- حكم بيع السلعة بالتقسيط، وحكم بيعها بقيمتين إحداهما حالّة والأخرى مؤجلة - الشيخ صالح الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

Flag this fatwa