Is installment sale permissible, and is installment sale equivalent to deferred sale?
Machine translationRead the Arabic original
The Shaykh: Yes.
The questioner : Peace be upon you.
The Shaykh: And upon you peace.
The questioner : Shaykh al-Albani, is installment sale permissible? Is installment sale equivalent to deferred sale, and is it permissible to increase the price in a deferred sale?
The Shaykh : You are muddling the question, you are confusing it.
The questioner : Yes.
The Shaykh : Rephrase your question.
The questioner : Is installment sale permissible, and is installment sale equivalent to deferred sale?
The Shaykh : If the installment sale involves an increase over the cash sale, the increase is forbidden and not permissible. However, if the installment sale does not involve this increase, it is better.
The questioner : Yes, and it is not permissible to take the increase in the price of the deferred sale.
The Shaykh : That is the meaning of my statement.
The questioner : Yes.
The questioner : Peace be upon you.
The Shaykh: And upon you peace.
The questioner : Shaykh al-Albani, is installment sale permissible? Is installment sale equivalent to deferred sale, and is it permissible to increase the price in a deferred sale?
The Shaykh : You are muddling the question, you are confusing it.
The questioner : Yes.
The Shaykh : Rephrase your question.
The questioner : Is installment sale permissible, and is installment sale equivalent to deferred sale?
The Shaykh : If the installment sale involves an increase over the cash sale, the increase is forbidden and not permissible. However, if the installment sale does not involve this increase, it is better.
The questioner : Yes, and it is not permissible to take the increase in the price of the deferred sale.
The Shaykh : That is the meaning of my statement.
The questioner : Yes.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.