Are we allowed to purchase gold on credit for resale purposes.eg.jewellery store.
Question
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Are we allowed to purchase gold on credit for resale purposes.eg.jewellery store.
Answer
It is permissible.
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai
- Answered by
- Mufti Ebrahim Desai
Questions about this ruling, answered only from the archive with sources.
Where scholars differ, it’s safer to take the more cautious view.
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/6312
Fatawa SA: https://fatawa.co.za/fatwa/askimam-6312