Installment Sale at Two Prices: Cash and Deferred
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on installment sales where the seller says it is for a price of one hundred riyals cash and one hundred and fifty on installments?
Answer:
He must commit to one of the two sales: either he takes it immediately for one hundred riyals, or he takes it on credit for one hundred and fifty. As for saying, “Take it with the option: if you want to pay in cash, it is a billion,” that is not permissible, and the sale is not concluded. It is in a state of uncertainty; the sale has become uncertain. He must commit to one of the two sales, either deferred or immediate.
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on installment sales where the seller says it is for a price of one hundred riyals cash and one hundred and fifty on installments?
Answer:
He must commit to one of the two sales: either he takes it immediately for one hundred riyals, or he takes it on credit for one hundred and fifty. As for saying, “Take it with the option: if you want to pay in cash, it is a billion,” that is not permissible, and the sale is not concluded. It is in a state of uncertainty; the sale has become uncertain. He must commit to one of the two sales, either deferred or immediate.
Source
قناة «العلامة الدكتور صالح الفوزان»، 141/76 شرح زاد المستقنع/ صالح الفوزان — youtube.com (38:48)
The Arabic text is a machine transcription of the audio recording.