Mufti Online — Madrasah Ta'leemuddeen

Different cash and credit price

· 10 Muharram 1439 AH1 min readEnglish

Question

Would it be permissible to sell a good on credit for a price higher then the normal cash price? The customer buying on credit will pay in equal installments based on the price agreed upon at the outset of the transaction.

Answer

Yes, as long as the price has been confirmed from the inception of the sale.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/22045
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-22045

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