Is Installment-based Dealing Permissible When an Amount Greater Than the Known Price - Jurisprudential Answers - Miscellaneous Issues, Vol 1
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Question and answer [link]
Question 79
Is installment-based dealing permissible when an amount greater than the known price of the item is charged because payment is spread over a specified or unspecified period? Is there any difference in this matter between dealings among the Ansar and dealings with others?
Ahmed al-Hasan Response:
Taking a financial increase because payment of all or part of the price arising from the purchase of a specific item is delayed is prohibited riba. Riba applies between believers, or between a believer and a Muslim who professes love for Muhammad and the family of Muhammad-the Imams and the Mahdis. There is no riba between a believer and a nasibi, or between a believer and a non-Muslim.
Source: Jurisprudential Answers - Miscellaneous Issues, Vol 1; Author: Imam Ahmed Al-Hasan; Question 79; Page Not available; FIQH-MISC-V1-Q079. View Arabic source · Open the original Arabic source ↗
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References
- ↑ Ahmed Al-Hasan. Jurisprudential Answers - Miscellaneous Issues, Vol 1. Question 79; Page Not available. FIQH-MISC-V1-Q079. View Arabic source
Cite this page
Ahmed Al-Hasan. Jurisprudential Answers - Miscellaneous Issues, Vol 1. Question: 79. Page: Not available. FIQH-MISC-V1-Q079. https://ahmedalhasan.org/ar/Library/BookContent/97