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The question

Is it permissible for "A" to pay "S" an amount of 1000 for a commodity that "S" bought from "P" for 2000 on credit, knowing that its cash price from "P" is 1500, such that "A" receives the commodity from "P"?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is permissible to buy a commodity on credit for more than its current price, and it is permissible to sell it for less than its purchase price, provided that the buyer is not the original seller (this is the issue of tawarruq). However, selling it back to the first seller for less than its price is not permissible, because it is the prohibited inah sale.

Therefore, if "S" will lend the amount to "A" so that "A" can buy the commodity from "Z", there is no harm. But if "Z" is the one who will buy and then sell to "A", then it is not permissible because it is an inah sale.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
40252
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.
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Read the full answer on Ftawy