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The question

Is it permissible or forbidden to purchase a tanker on a one-year installment plan for $16,500, while its current cash price is $13,0?

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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 for the price of a commodity in an installment sale to be greater than its price in a cash sale, provided that the seller and the buyer agree upon one of the two prices before completing the sale, in order to prevent ambiguity.

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
85964
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