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The question

Is it permissible to deal with a bank that grants equipment and supplies for a project in exchange for installments that exceed their real value, as a loan?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The transaction described can be interpreted in two ways:

The first scenario: A loan with prohibited interest.

The second scenario: Installment sale, which is permissible, provided that the price is not increased after the contract is concluded.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
88430
Imported
Translation status
Source text, unreviewed
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