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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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What is the ruling on purchasing goods at a deferred price that is higher than their current price?

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Question:
This person is asking about buying a washing machine, and he does not have the price, or he does not have the full price. Is it permissible for him to buy it at a deferred price that is higher than the immediate price?

Answer:
Yes, there is nothing wrong with that, there is nothing wrong with that, there is nothing wrong with selling at a deferred price that is higher than the immediate price, because the interests of the people require this. The Prophet (peace and blessings be upon him) used to take one camel for two camels from the camels of charity. If he needed to equip an expedition. If he needed to equip an expedition and the camels ran out. He (peace and blessings be upon him) would borrow a camel for two camels. From the camels of charity. This is evidence for the permissibility of selling with a deferred payment. And it is more than the immediate payment, yes.
Source قناة «العلامة الدكتور صالح الفوزان»، ما حكم شراء السلع بثمن مؤجل أكثر من ثمنها الحالي؟ للشيخ الفوزان — youtube.com

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

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