Is it permissible for a company that sells with permissible installment plans and Islamic Murabaha to deduct 15% from the remaining amount owed by the customer upon settlement of their account, knowing that the contract stipulates the agreed-upon amount?
It is not permissible to waive a portion of the debt for the customer in exchange for his prompt payment before the due date, according to the majority of scholars, unless the debt has already fallen due; in that case, there is no harm in waiving a part of it. However, if the debtor is in straitened circumstances, it is permissible to waive some of the debt for him when the due date arrives; indeed, it is commendable, due to the ease and relief it provides, as the Prophet, peace and blessings be upon him, said: "Whoever wishes Allah to save him from the distresses of the Day of Resurrection, let him relieve a person in straitened circumstances or waive a part of his debt."
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/53290
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 53290
- 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