Purchasing a TV on interest

· 18 Rajab 1445 AH1 min readEnglish

Question

I bought a TV with option of no cost emi of 3 months. After emi completion, Later I found out that it is not permissible and it involves interest as bank gives loan and charges interest and then I checked my statement and found out.

I usually buy items paying all amount but this happened first time that I had to take this option of no cost emi. From the day, I came to know I am feeling bad. Should I sell of my TV or keep it? If I sell I won't even get 50% of amount which I took. So I am in a dilema. What should I do in this case.

Answer

The element of interest makes this haraam. Further buying and selling a tv is also haraam. Therefore it is your duty to dispose of the tv so that you do not become a victim of the curse of this accursed box.

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

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
Questions about this ruling, answered only from the archive with sources.

Where scholars differ, it’s safer to take the more cautious view.

Fatawa SA is an independent, read-only index of fatawa already published by Mufti Online — Madrasah Ta'leemuddeen. It is not a fatwa service. For your own situation, please ask a Mufti. Report an issue

For corrections or mistakes, please email us at fatawasa786@gmail.com.