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: FtawySummarized from the full answer at Ftawy · imported 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.
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 115249
- Imported
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