The Ruling on Selling a Car and Then Buying It Back at a Lower Price Through a Ruse Involving Riba
Machine translationRead the Arabic original
Question:
May Allah keep you safe, Honorable Shaykh. This questioner says: Do you know this case from Banu Shuraynah? Zayd sold a car to 'Amr for thirty thousand riyals, cash, and then Zayd bought it back from 'Amr for twenty thousand riyals, cash.
Answer:
What? He says Zayd sold a car to 'Amr for thirty thousand riyals, cash, and then Zayd bought it back from 'Amr for twenty thousand riyals, cash. Because in reality he sold for twenty or thirty thousand, and made the car just a means, otherwise in reality he paid twenty but conditioned that its replacement be thirty. And he made the car a trick, a form of circulation, so this is forbidden and not permissible, and this is a deception regarding riba (usury or interest). Yes.
May Allah keep you safe, Honorable Shaykh. This questioner says: Do you know this case from Banu Shuraynah? Zayd sold a car to 'Amr for thirty thousand riyals, cash, and then Zayd bought it back from 'Amr for twenty thousand riyals, cash.
Answer:
What? He says Zayd sold a car to 'Amr for thirty thousand riyals, cash, and then Zayd bought it back from 'Amr for twenty thousand riyals, cash. Because in reality he sold for twenty or thirty thousand, and made the car just a means, otherwise in reality he paid twenty but conditioned that its replacement be thirty. And he made the car a trick, a form of circulation, so this is forbidden and not permissible, and this is a deception regarding riba (usury or interest). Yes.
Source
75-اللقاء الأسبوعي مع الشيخ صالح الفوزان - 22 — archive.org (32:51)
The Arabic text is a machine transcription of the audio recording.