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The question

Is selling a household appliance company to employees in installments, with an increase over the cash price, considered usury (riba)? And what is the ruling on the 5% commission that the collector receives for collecting the installments and remitting them to the company?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

If the contract between the government company and the home appliance company is one of mediation, then it is permissible brokerage. The supply commission that it takes in exchange for deductions from employees and supplying to the home appliance company is permissible. There is no harm in increasing the price in an installment sale over the cash price.

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
94363
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