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The question

Is it permissible to sell a commodity for cash and then sell it in installments at a higher price, with the price remaining fixed whether payment is made early or late?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

There is no harm in selling by installments with an increase over the cash price, such as selling an item worth ten thousand for ten thousand five hundred in installments over two months, provided that the price does not change and no late payment penalty is imposed, because in this case, the increase or penalty is considered prohibited usury (riba).

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
19336
Imported
Translation status
Source text, unreviewed
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