The ruling on selling sheep for a deferred price higher than the cash price
Machine translationRead the Arabic original
Question:
He says: What is the ruling on selling sheep for a deferred price that is higher than the cash price?
Answer:
There is no harm in selling sheep, camels, cattle, houses, and other items for a deferred price that is higher than the cash price. If a sheep is worth fifty in cash and he sells it for sixty on a term of one year or six months, or a she-camel is worth five hundred or a thousand in cash and he sells it for two thousand on installments, or a cow or a house, there is no harm, no blame. Allah the Exalted says:[Al-Baqarah 2:282] So a debt is not the same as cash. If an item is sold for ten in cash and he sells it for twenty or fifteen on a term, there is no harm.
He says: What is the ruling on selling sheep for a deferred price that is higher than the cash price?
Answer:
There is no harm in selling sheep, camels, cattle, houses, and other items for a deferred price that is higher than the cash price. If a sheep is worth fifty in cash and he sells it for sixty on a term of one year or six months, or a she-camel is worth five hundred or a thousand in cash and he sells it for two thousand on installments, or a cow or a house, there is no harm, no blame. Allah the Exalted says:
O you who have believed, when you contract a debt for a specified term, write it down.
يَا أَيُّهَا الَّذِينَ آمَنُوا إِذَا تَدَايَنتُم بِدَيْنٍ إِلَىٰ أَجَلٍ مُّسَمًّى فَاكْتُبُوهُ
Source
لقاءات لابن باز - لقاء مع إخوة في الله - ابن باز - ٥ — archive.org (19:03)
The Arabic text is a machine transcription of the audio recording.