The Ruling on Installment Sales with the Price Tied to the Value of the Dollar
Machine translationRead the Arabic original
The questioner:
This questioner says: Is it permissible for a seller to sell his goods on installment and tie the price of the goods
The Shaykh:
Yes.
The questioner:
May Allah reward you. He says: Is it permissible for a seller to sell his goods on installment and tie the price of the goods to the value of the dollar
The Shaykh:
This is the issue of 'inah (a buy-back sale used to disguise a loan). If a person lends a debt to someone, it is not permissible for him to buy it back from him. This is 'inah, because the substance of his money has returned to him.
This questioner says: Is it permissible for a seller to sell his goods on installment and tie the price of the goods
The Shaykh:
Yes.
The questioner:
May Allah reward you. He says: Is it permissible for a seller to sell his goods on installment and tie the price of the goods to the value of the dollar
The Shaykh:
This is the issue of 'inah (a buy-back sale used to disguise a loan). If a person lends a debt to someone, it is not permissible for him to buy it back from him. This is 'inah, because the substance of his money has returned to him.
Source
شرح العقيدة الطحاوية- 21- 03-1441 هـ — alfawzan.live (1:07:12)
The Arabic text is a machine transcription of the audio recording.