Is the installment percentage calculated on the full price of the item or on the remaining amount after deducting the down payment?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to sell a commodity for a price, part of which is immediate and part deferred in installments, with an increase in price for the deferment at a known rate, whether calculated from the total price or from the deferred part.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/163602
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 163602
- 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