Repaying a loan in installments without an increase
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. A questioner says: Some people of good character lend money to others and collect this loan back from them in installments without any increase. Is this permissible?
Answer:
If they agree to this, it is not a condition. It is not required that they repay in installments; rather, this is something they settled between themselves without it being a condition. Whether they take the loan all at once or in installments, there is no harm.
Honorable Shaykh, may Allah grant you success. A questioner says: Some people of good character lend money to others and collect this loan back from them in installments without any increase. Is this permissible?
Answer:
If they agree to this, it is not a condition. It is not required that they repay in installments; rather, this is something they settled between themselves without it being a condition. Whether they take the loan all at once or in installments, there is no harm.
Source
المنتقى من أخبار سيد المرسلين 25-07-1438هـ — af.org.sa (45:07)
The Arabic text is a machine transcription of the audio recording.