Should the installment sale price be fixed regardless of the down payment, or can it vary based on the down payment and the repayment period, in order to determine the installment amount according to the buyer's ability, without needing to mention two absolute prices for cash and installment?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible for a person to sell his commodity for a known term and at a price higher than its immediate cash price. It is also permissible for him to increase or decrease the installment amounts based on the buyer's situation and the down payment, as the fundamental principle in contracts and transactions is permissibility unless there is a -based prohibition.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/53758
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 53758
- 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