What is the ruling on buying gold on installments?
Machine translationRead the Arabic original
Question:
He asks: Is it permissible to buy a gold necklace on installments?
Answer:
No, meaning buying a gold necklace for dirhams is not permissible on installments. However, if he buys it with something other than money—buying it with food, cloth, something, or animals, with anything other than money—there is no harm. But if he buys gold or sells gold for money, the exchange of possession is required. And it is not permissible to delay
He asks: Is it permissible to buy a gold necklace on installments?
Answer:
No, meaning buying a gold necklace for dirhams is not permissible on installments. However, if he buys it with something other than money—buying it with food, cloth, something, or animals, with anything other than money—there is no harm. But if he buys gold or sells gold for money, the exchange of possession is required. And it is not permissible to delay
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم شراء الذهب بالتقسيط؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.