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The question

Is it permissible to deduct from the car's price upon regular installment payments or early settlement?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is permissible to grant a discount for consistent payment as a form of reward, provided that the price is known and specified before the contract. However, a discount for early payment is not permissible if it is based on a condition between the creditor and the debtor, because this falls under the issue of "forfeit and hasten," which is prohibited by most scholars. Adherence to regulations for the permissibility of installment sales is obligatory.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
92949
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy