What is the ruling on selling deferred debts to a third party at a 50% discount, so that the buyer may collect them, knowing that the original seller benefits from receiving his money in full, and the buyer benefits from acquiring customers without effort?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The aforementioned transaction is based on forbidden usury, for it is a loan in exchange for a benefit. This transaction ultimately becomes five thousand [paid] immediately for ten thousand [paid] deferred, which is the essence of usury. This is what occurs in issuing checks and selling bonds, and all of that is from the forbidden usurious loans.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/31413
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 31413
- 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.
- Read the full ruling
- Read the full answer on Ftawy