Is it permissible to purchase an item in installments for 2000 dinars—knowing that its cash price is 1800 dinars—from a seller who is not a bank, and the installments will be paid via a salary deposited in an interest-based bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The basic principle is that it is impermissible for a Muslim to deal with interest-based banks, except in cases of necessity or dire need, provided that no Islamic bank is available, and that the transaction is permissible, such as opening a current account or receiving a salary. If the buyer needs to pay installments through an interest-based bank, there is no objection to that due to need.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/73631
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 73631
- 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