The Ruling on Buying a Debt on Installments with an Increase
Machine translationRead the Arabic original
The questioner : He says: Honorable Shaykh, what do you say about selling on installments with interest? For example, he says: What do you say about buying a debt? I mean, if a man has a hundred dinars owed to him?
The Shaykh : Strange.
The questioner : Buying a debt, you cannot do it. It is a joke at first. I mean, what do you say about buying a debt? I mean, if a man has one hundred thousand riyals owed to him on installments, and he has seventy thousand with him, so a merchant brother offered him to take the seventy thousand to trade with it, and pay off the hundred thousand from the profit?
The Shaykh : This is not permissible, because he may make a profit and he may not. So if he commits to increasing the hundred thousand in any case, that is riba (usury or interest), selling dirhams for dirhams with an increase, and it is not lawful. The death ended at ten o'clock, a quarter of the year.
The questioner : May Allah reward the Honorable Shaykh with the best reward, and benefit us all with his knowledge. The next meeting will be, if Allah wills, on Saturday after the tarawih prayer. And tomorrow there will be a lecture by Shaykh Abdulaziz al-Aqil at al-Suhaimiyyah Mosque, if Allah wills, after the tarawih prayer.
The Shaykh : May Allah bless you all.
The Shaykh : Strange.
The questioner : Buying a debt, you cannot do it. It is a joke at first. I mean, what do you say about buying a debt? I mean, if a man has one hundred thousand riyals owed to him on installments, and he has seventy thousand with him, so a merchant brother offered him to take the seventy thousand to trade with it, and pay off the hundred thousand from the profit?
The Shaykh : This is not permissible, because he may make a profit and he may not. So if he commits to increasing the hundred thousand in any case, that is riba (usury or interest), selling dirhams for dirhams with an increase, and it is not lawful. The death ended at ten o'clock, a quarter of the year.
The questioner : May Allah reward the Honorable Shaykh with the best reward, and benefit us all with his knowledge. The next meeting will be, if Allah wills, on Saturday after the tarawih prayer. And tomorrow there will be a lecture by Shaykh Abdulaziz al-Aqil at al-Suhaimiyyah Mosque, if Allah wills, after the tarawih prayer.
The Shaykh : May Allah bless you all.
Source
اللقاءات الرمضانية لعام 1416هـ - 1 — binothaimeen.net (59:01)
The Arabic text is a machine transcription of the audio recording.