Is it permissible to buy gold on installments?
Machine translationRead the Arabic original
Question:
Does he not ask: Is it permissible to buy gold on installments?
Answer:
If it is bought with money, then installments are not permissible; the exchange must take place in the meeting, and they must not separate while anything remains between them. However, if the gold is sold for something other than money, such as wheat, barley, cloth, cars, or anything else, then there is no harm; it is permissible on installments. As for selling money for money, the exchange must take place in the meeting. Yes.
Does he not ask: Is it permissible to buy gold on installments?
Answer:
If it is bought with money, then installments are not permissible; the exchange must take place in the meeting, and they must not separate while anything remains between them. However, if the gold is sold for something other than money, such as wheat, barley, cloth, cars, or anything else, then there is no harm; it is permissible on installments. As for selling money for money, the exchange must take place in the meeting. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، هل يجوز شراء الذهب بالتقسيط؟ للشيخ الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.