If one of them wanted to buy a need, and a person bought it for him in cash, then sold it to him on installments at a higher price, is this permissible?
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The questioner : One of the brothers says: If one of them wanted to buy a need, and a person bought it for him in cash, then sold it to him on installments at a higher price, is this permissible?
The Shaykh : It is not permissible.
The questioner : What is the reason for the impermissibility of this matter?
The Shaykh : This is related to installment sales, selling at two prices. When he buys in cash, he sets a price for installments that is higher than the cash price. So he takes advantage of the need of his Muslim brother who cannot pay in cash, and he makes the delay have a price. The Messenger (peace and blessings be upon him) prohibited two sales in one sale, and this also has many tapes, so we will not lengthen the discussion on that.
The Shaykh : It is not permissible.
The questioner : What is the reason for the impermissibility of this matter?
The Shaykh : This is related to installment sales, selling at two prices. When he buys in cash, he sets a price for installments that is higher than the cash price. So he takes advantage of the need of his Muslim brother who cannot pay in cash, and he makes the delay have a price. The Messenger (peace and blessings be upon him) prohibited two sales in one sale, and this also has many tapes, so we will not lengthen the discussion on that.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.
