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The question

Is it permissible to sell a car to a customer in installments if it was purchased from another dealership for a deferred price that is higher than its cash value?

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

There is no objection to increasing the price of an item when selling it in installments. However, for this transaction to be permissible, two conditions must be met:

1. You must first buy the item and own it before selling it.

2. You must take possession of the item and remove it from its place of purchase before selling it.

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
19383
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