Is it permissible to buy a commodity (gold or a car) and sell it in installments to a financing applicant, with the condition that it be resold to the seller or to another party?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible for the buyer to purchase the commodity by installments at a price higher than its current price, and it is permissible for him to sell it for cash at a lower price than what he bought it for, provided that the buyer in this case is someone other than the original seller. This is called "mas'alat al-tawarruq" (monetization). As for selling the commodity back to the original seller for cash at a lower price than its original price, this is "bay' al-'inah" (buy-back sale), which is prohibited by the majority of scholars.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/62521
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 62521
- 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