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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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What is the ruling on selling cars on installment?

Machine translationRead the Arabic original
Question:
This is a question about a person who has cars that he sells on installment.

Answer:
Yes, these are trade goods. He must value them at what they are worth. He must value them at the completion of the lunar year based on the money with which he bought them. He values the cars at what they are worth, then he pays one-tenth of the estimated value.
Source قناة «العلامة الدكتور صالح الفوزان»، ما حكم بيع السيارات بالتقسيط؟ للشيخ الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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