Is increasing the price of a product when payment is deferred or delayed considered forbidden usury (riba), especially if the product is a raw material used in another industry?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the intended increase in price is due to selling by installments, then there is no objection, provided that the contract is settled upon a specific price. However, if the increase is due to late payment, then this is usury (riba), which is forbidden, and there is no difference in the ruling whether the commodity is raw or manufactured.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/51035
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 51035
- 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