Back to search
The question

Is selling a car with a deferred-payment check whose value is higher than its real value, and then using this check to buy another car before its due date, considered usury (riba)?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

If the car is sold for more than its real value due to installment payments and deferred payment, there is no harm in that. Similarly, there is no harm in buying another car with the value of the check.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
151855
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy