The Ruling on Sales.
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Question:
A company provides services to its clients for a fixed sum, let us say ten thousand riyals, and allows them to pay it off over ten weeks. If the client pays within the first week, he receives a discount of two thousand riyals; if he pays within the second week, he receives a discount of one thousand five hundred riyals, and so on. What is the ruling on this practice?
Answer:
Answer: This is not permissible, because this involves uncertainty, and the requirement in sales is certainty. It is sold at a fixed price; one does not say, "If you pay such-and-such, then..." This is a sale with two terms, not one term. It becomes a sale with two terms, and this is not valid.
A company provides services to its clients for a fixed sum, let us say ten thousand riyals, and allows them to pay it off over ten weeks. If the client pays within the first week, he receives a discount of two thousand riyals; if he pays within the second week, he receives a discount of one thousand five hundred riyals, and so on. What is the ruling on this practice?
Answer:
Answer: This is not permissible, because this involves uncertainty, and the requirement in sales is certainty. It is sold at a fixed price; one does not say, "If you pay such-and-such, then..." This is a sale with two terms, not one term. It becomes a sale with two terms, and this is not valid.
Source
www.alfawzan.af.org.sa
The Arabic text is copied verbatim from the original source, without any edits.