A merchant who sells on installment, setting an installment plan for each customer based on the down payment, what is the ruling on that?
Machine translationRead the Arabic original
Question:
He says: Honorable Shaykh, may Allah grant you success, a merchant sells on installment, but his installment system does not suit everyone, so he sets a plan for each person based on the initial down payment he has. Is this permissible?
Answer:
Yes. The default ruling for buying and selling is permissibility, and the default for transactions is lawfulness, except for what evidence indicates is forbidden.
He says: Honorable Shaykh, may Allah grant you success, a merchant sells on installment, but his installment system does not suit everyone, so he sets a plan for each person based on the initial down payment he has. Is this permissible?
Answer:
Yes. The default ruling for buying and selling is permissibility, and the default for transactions is lawfulness, except for what evidence indicates is forbidden.
Source
قناة «العلامة الدكتور صالح الفوزان»، [2275 -2802] تاجرٌ يبيع بالتقسيط فيجعل لكل واحد نظام تقسيط حسب (المقدَّم) من المدفوع، ما حكم ذلك؟ — youtube.com
The Arabic text is a machine transcription of the audio recording.