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The question

Is it permissible for a company to purchase a property at a customer's request and sell it to him at a price that includes a profit margin, provided that the total amount is paid in installments?

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

The institution's selling the property to you for more than it purchased it for is permissible if the institution has taken possession of it and acquired it. This transaction is called a Murabaha sale for one who commands a purchase. The Islamic Fiqh Academy stated that this sale is permissible if the commodity comes into the possession of the agent and lawful seizure occurs, and the agent bears responsibility for damage and the consequences of returning it due to a hidden defect, and the conditions of sale are met and its impediments are absent. It also indicated that a promise is binding religiously and judicially in certain cases, and that an agreement between two parties is permissible with the option for both or for one of them.

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
134400
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