What is the ruling on exchanging one car for another with the payment of the difference?
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on a person exchanging one car for another and paying the difference in cash? Does this count as two sales in one sale?
Answer:
No, no, this is exchanging a car for a car with an addition, and there is nothing wrong with that. This is one sale: he sold a car for a car at a price plus an addition that corresponds to the deficiency or the excess in his car. Yes.[Al-Baqarah 2:275] Yes
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on a person exchanging one car for another and paying the difference in cash? Does this count as two sales in one sale?
Answer:
No, no, this is exchanging a car for a car with an addition, and there is nothing wrong with that. This is one sale: he sold a car for a car at a price plus an addition that corresponds to the deficiency or the excess in his car. Yes.
But Allah has permitted trade and has forbidden interest
وَأَحَلَّ اللَّهُ الْبَيْعَ وَحَرَّمَ الرِّبَا
Source
قناة «العلامة الدكتور صالح الفوزان»، [240 -582] ما حكم استبدال سيارة بسيارة أخرى مع دفع الفارق؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.