Is it permissible to obtain liquidity to finance an agricultural project by purchasing household appliances in installments from an Islamic bank, then selling them to the same seller?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
This transaction is called Tawarruq, and it is permissible according to the majority of scholars, even if the cash sale price is less than the deferred purchase price. There is no harm in selling the commodity back to the first seller as long as there was no prior collusion.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/115249
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 115249
- 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