about installment sales?
Machine translationRead the Arabic original
The questioner : ... and what is the difference?
The Shaykh : The difference between them is that if I sell you the car, it is not a matter of dirhams; I did not give you dirhams. In the first case, I gave you dirhams and said to you, for example, "This is one hundred riyals. If you pay it to me in ten days, it is one hundred, and after a year, it is two hundred." This is dirhams for dirhams. As for this case, it is the same item; I am selling this item for one hundred, or two hundred, or three hundred, whether paid immediately or deferred. Is that clear?
The student: Yes, indeed.
The Shaykh : Yes?
The Shaykh : The difference between them is that if I sell you the car, it is not a matter of dirhams; I did not give you dirhams. In the first case, I gave you dirhams and said to you, for example, "This is one hundred riyals. If you pay it to me in ten days, it is one hundred, and after a year, it is two hundred." This is dirhams for dirhams. As for this case, it is the same item; I am selling this item for one hundred, or two hundred, or three hundred, whether paid immediately or deferred. Is that clear?
The student: Yes, indeed.
The Shaykh : Yes?