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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: FtawySummarized from the full answer at Ftawy · imported 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.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
85964
Imported
Translation status
Source text, unreviewed
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