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The question

Is it permissible to purchase a mobile phone in installments at a price higher than its market value in order to pay it as a debt substitute?

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

It is permissible to purchase a mobile phone in installments and pay for it in lieu of a debt, provided the creditor agrees, the debt is not deferred, and the installment purchase is free from prohibited elements such as a late payment penalty clause.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
15832
Imported
Translation status
Source text, unreviewed
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