The ruling on selling a car on deferred installments
Machine translationRead the Arabic original
Question:
This questioner says: There is a man who bought a car from another man and sold it to him for many installments, increasing the price for a known reason. What is the ruling on this sale?
Answer:
He owns the car fully, so he may sell it, whether for a cash price or for a deferred price that is higher than the cash price. However, the increase must not be excessive, nor should he exploit the need of the poor or the dire necessity of the needy. He should not exaggerate the increase; rather, it should be an acceptable and known amount. Yes.
The presenter:
May Allah bless you,
This questioner says: There is a man who bought a car from another man and sold it to him for many installments, increasing the price for a known reason. What is the ruling on this sale?
Answer:
He owns the car fully, so he may sell it, whether for a cash price or for a deferred price that is higher than the cash price. However, the increase must not be excessive, nor should he exploit the need of the poor or the dire necessity of the needy. He should not exaggerate the increase; rather, it should be an acceptable and known amount. Yes.
The presenter:
May Allah bless you,
Source
نور على الدرب - الفوزان - 03/198 — archive.org (11:34)
The Arabic text is a machine transcription of the audio recording.
