Buying gold by borrowing and repaying it over two months
Machine translationRead the Arabic original
The questioner:
Buying half a kilo of gold and then paying it off over two months or more, in order to avoid buying it with a specific amount of money,
The Shaykh:
May Allah reward you for the question.
The questioner:
And what is the ruling on buying half a kilo of gold and then paying it off over two months or more to escape buying it on installments,
The Shaykh:
But he insists on gold and does not insist on dirhams? I say this when you call it a parcel. And it is a son.
The questioner:
The approach is permissible, it breaks the effort.
The Shaykh:
And then he exchanges it either for gold of the same kind or for currency in dirhams, but if he makes this a ruse for selling gold for gold on a deferred basis, he calls it a loan when it is not a loan, this sale is not permissible, yes.
Buying half a kilo of gold and then paying it off over two months or more, in order to avoid buying it with a specific amount of money,
The Shaykh:
May Allah reward you for the question.
The questioner:
And what is the ruling on buying half a kilo of gold and then paying it off over two months or more to escape buying it on installments,
The Shaykh:
But he insists on gold and does not insist on dirhams? I say this when you call it a parcel. And it is a son.
The questioner:
The approach is permissible, it breaks the effort.
The Shaykh:
And then he exchanges it either for gold of the same kind or for currency in dirhams, but if he makes this a ruse for selling gold for gold on a deferred basis, he calls it a loan when it is not a loan, this sale is not permissible, yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 141/76 شرح زاد المستقنع/ صالح الفوزان — youtube.com (39:29)
The Arabic text is a machine transcription of the audio recording.