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Is the method of buying and selling manufactured gold in bulk, with payment made in installments, considered permissible (halal) or forbidden (haram) in Islamic Sharia?

1 min readAlso available in العربية

If the buying and selling of fabricated gold is done in installments, then this transaction is unlawful due to the presence of Riba an-Nasi'ah (usury of delay). Riba al-Fadl (usury of excess) may also be added to it if the sold item and the price are of the same kind, with a difference in weight, and payment is made in installments.

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

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