Is it permissible to purchase a mobile phone in installments at a price higher than its market value in order to pay it as a debt substitute?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
It is permissible to purchase a mobile phone in installments and pay for it in lieu of a debt, provided the creditor agrees, the debt is not deferred, and the installment purchase is free from prohibited elements such as a late payment penalty clause.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/15832
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 15832
- Imported
- Translation status
- Source text, unreviewed
- Read the full ruling
- Read the full answer on Ftawy