Borrowing gold and repaying it after two months to avoid installment payments
Machine translationRead the Arabic original
The questioner:
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on borrowing half a kilo of gold and then repaying it over two months or more to avoid buying it on installment?
The Shaykh:
Repeat the question.
The questioner:
And what is the ruling on borrowing half a kilo of gold and then repaying it over two months or more to avoid buying it on installment?
The Shaykh:
Yes, but does he repay it in gold or in dirhams? The people who do this use a trick they call a loan, but it is a sale. Borrowing is not a problem; he borrows the gold and then repays it either in gold of the same type or by exchanging it for currency in dirhams; there is nothing wrong with that. But if he makes this a trick to sell gold for gold with a delay, calling it a loan when it is not a loan but a sale, that is not permissible. Yes.
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on borrowing half a kilo of gold and then repaying it over two months or more to avoid buying it on installment?
The Shaykh:
Repeat the question.
The questioner:
And what is the ruling on borrowing half a kilo of gold and then repaying it over two months or more to avoid buying it on installment?
The Shaykh:
Yes, but does he repay it in gold or in dirhams? The people who do this use a trick they call a loan, but it is a sale. Borrowing is not a problem; he borrows the gold and then repays it either in gold of the same type or by exchanging it for currency in dirhams; there is nothing wrong with that. But if he makes this a trick to sell gold for gold with a delay, calling it a loan when it is not a loan but a sale, that is not permissible. Yes.
Source
شرح زاد المستقنع [49] — alfawzan.live (1:18:36)
The Arabic text is a machine transcription of the audio recording.