Exchanging an old car for a new one.
Machine translationRead the Arabic original
The questioner : Well, Shaykh, does exchanging an old car for a new one fall under riba in the ribawi items? Or does it fall under two sales in one sale? Which is safer?
The Shaykh : What do you think? You are mixing one thing with another!
The questioner : Exchanging an old car for a new one...
The Shaykh : Is this an example of exchange?
The questioner : You exchange the new car and pay the difference.
The Shaykh : In cash?
The questioner : Yes.
The Shaykh : There is nothing.
The questioner : There is nothing wrong with it, is it not two sales in one sale?
The Shaykh : No, meaning the old one is valued, for example, at one thousand.
The questioner: Yes.
The Shaykh : And the new one at three thousand, so he pays two thousand, and it is done.
The Shaykh : What do you think? You are mixing one thing with another!
The questioner : Exchanging an old car for a new one...
The Shaykh : Is this an example of exchange?
The questioner : You exchange the new car and pay the difference.
The Shaykh : In cash?
The questioner : Yes.
The Shaykh : There is nothing.
The questioner : There is nothing wrong with it, is it not two sales in one sale?
The Shaykh : No, meaning the old one is valued, for example, at one thousand.
The questioner: Yes.
The Shaykh : And the new one at three thousand, so he pays two thousand, and it is done.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.