The Ruling on Installment Payments for Air Conditioners
Machine translationRead the Arabic original
Question:
A questioner says: Please give us a ruling, Shaykh Salih, on installment payments for air conditioners, especially since it is the same item with the merchant; these air conditioners circulate between the seller and the buyer, the borrower.
Answer:
There is no loan involved with air conditioners; there is buying and selling. It is permissible to trade in air conditioners, selling and buying them for a cash price, a deferred price, or an installment price. There is nothing wrong with that. They are among trade goods and among the needs of the Muslims. This is not called a loan; it is buying and selling. Yes.
A questioner says: Please give us a ruling, Shaykh Salih, on installment payments for air conditioners, especially since it is the same item with the merchant; these air conditioners circulate between the seller and the buyer, the borrower.
Answer:
There is no loan involved with air conditioners; there is buying and selling. It is permissible to trade in air conditioners, selling and buying them for a cash price, a deferred price, or an installment price. There is nothing wrong with that. They are among trade goods and among the needs of the Muslims. This is not called a loan; it is buying and selling. Yes.
Source
نور على الدرب - الفوزان - 03/026 — archive.org (6:52)
The Arabic text is a machine transcription of the audio recording.