Selling a car on installment after buying it for cash
Machine translationRead the Arabic original
Question:
My colleague wanted to buy a car on installments, so I bought a car for cash and sold it to him on credit. What is your opinion on this?
Answer:
If you sell it after you have bought it and it has become your property, you may store it and sell it to him on credit, and this is permissible. But do not sell it before you own it; the sale must take place after you have taken possession of it.
My colleague wanted to buy a car on installments, so I bought a car for cash and sold it to him on credit. What is your opinion on this?
Answer:
If you sell it after you have bought it and it has become your property, you may store it and sell it to him on credit, and this is permissible. But do not sell it before you own it; the sale must take place after you have taken possession of it.
Source
شرح بلوغ المرام [ ابن باز ] [ الشرح الجديد ]، باب الأضاحي — islamhouse.com (23:15)
The Arabic text is a machine transcription of the audio recording.