What is the ruling on installment sales and the details thereof?
Machine translationRead the Arabic original
The Shaykh : ... They met him one day, and he had changed his jacket, its color, and its dye. They asked him about the reason. He said: Changing the appearance for the sake of eating! [Everyone laughs!]. So, cash is this, installments are that, why this distinction? For the sake of increasing the eating, eating the unlawful wealth.
This discussion has a long tail, so excuse me now from expanding on it; because tomorrow we are traveling, if Allah wills.
Yes?
The questioner : We need some examples if possible, if possible, some examples?
The Shaykh : Examples of what?
The questioner : Of the same question.
Another questioner : If Allah wills.
The Shaykh : Installment sales?
The questioner : Yes, we want to present it to one of the people.
The Shaykh : Is there no one who knows about installment sales, Professor? So?
The questioner : I mean, from the Sunnah, it goes back to...
The Shaykh : This is the SunnahSunan Abi Dawud 3461Hasan (Al-Albani).
The questioner : But... there is no other hadith.
The Shaykh : No, there is another hadith.
The questioner : I mean, a second hadith if possible, so that we can gather them, meaning with this evidence.
The Shaykh : Yes?
Another questioner : If the seller sells only on installments at one price.
The Shaykh : If he is not going around and about, but people are learning to go around and about more than the dervishes today, they are scheming a lot; so we ask the one who sells at one price: Are you selling at one price on installments and not in cash? So when you set the unified price, you raised the cash price and made it equal to the installment price, so your profit doubled, because in the time when you were earning ten percent, for example, in installment sales, and in cash you were earning five percent, now your profit is ten percent across the board, so you were, as they say, under the rain and you became under the gutter, you were oppressing half the people, now you are oppressing what? The whole people, so this is going around and about, and Allah is All-Knowing of what is in the breasts.
A second hadith on the subject is the hadith of Ibn Mas'ud, which Samak ibn Harb narrates from Ibn Mas'ud, who said: The Messenger of Allah (peace and blessings be upon him) forbade two sales in one sale. Samak, the narrator of the hadith, was asked: What are two sales in one sale? He said: That you say, "I sell you this for ten in cash and eleven on credit." This is installment sales. Is this not your sale today? This is it.
...
The Shaykh : The hadith of Ibn Mas'ud?
The questioner: Yes.
The Shaykh : It is in "Musnad al-Imam Ahmad".
The questioner : Professor, regarding the one who sold two sales in one sale, they interpret it as: I sold you on the condition that you sell me this?
The Shaykh : This is among its meanings.
The questioner : I mean, I sold you, for example, a bicycle on the condition that you sell me this?
The Shaykh : Yes, this is among its meanings according to some scholars, and the second sale is not denied; because now... in the second hadith, the narrator was asked what is the meaning of two sales in one sale? It is clear.
The questioner : Is that clear?
... ... ... .
This discussion has a long tail, so excuse me now from expanding on it; because tomorrow we are traveling, if Allah wills.
Yes?
The questioner : We need some examples if possible, if possible, some examples?
The Shaykh : Examples of what?
The questioner : Of the same question.
Another questioner : If Allah wills.
The Shaykh : Installment sales?
The questioner : Yes, we want to present it to one of the people.
The Shaykh : Is there no one who knows about installment sales, Professor? So?
The questioner : I mean, from the Sunnah, it goes back to...
The Shaykh : This is the Sunnah
If anyone makes two transactions combined in one bargain
من باع بيعتين في بيعةThe questioner : But... there is no other hadith.
The Shaykh : No, there is another hadith.
The questioner : I mean, a second hadith if possible, so that we can gather them, meaning with this evidence.
The Shaykh : Yes?
Another questioner : If the seller sells only on installments at one price.
The Shaykh : If he is not going around and about, but people are learning to go around and about more than the dervishes today, they are scheming a lot; so we ask the one who sells at one price: Are you selling at one price on installments and not in cash? So when you set the unified price, you raised the cash price and made it equal to the installment price, so your profit doubled, because in the time when you were earning ten percent, for example, in installment sales, and in cash you were earning five percent, now your profit is ten percent across the board, so you were, as they say, under the rain and you became under the gutter, you were oppressing half the people, now you are oppressing what? The whole people, so this is going around and about, and Allah is All-Knowing of what is in the breasts.
A second hadith on the subject is the hadith of Ibn Mas'ud, which Samak ibn Harb narrates from Ibn Mas'ud, who said: The Messenger of Allah (peace and blessings be upon him) forbade two sales in one sale. Samak, the narrator of the hadith, was asked: What are two sales in one sale? He said: That you say, "I sell you this for ten in cash and eleven on credit." This is installment sales. Is this not your sale today? This is it.
...
The Shaykh : The hadith of Ibn Mas'ud?
The questioner: Yes.
The Shaykh : It is in "Musnad al-Imam Ahmad".
The questioner : Professor, regarding the one who sold two sales in one sale, they interpret it as: I sold you on the condition that you sell me this?
The Shaykh : This is among its meanings.
The questioner : I mean, I sold you, for example, a bicycle on the condition that you sell me this?
The Shaykh : Yes, this is among its meanings according to some scholars, and the second sale is not denied; because now... in the second hadith, the narrator was asked what is the meaning of two sales in one sale? It is clear.
The questioner : Is that clear?
... ... ... .
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.