Is it permissible to purchase goods in installments when there is interest on their original price?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the buyer purchases an item from its owner and pays the price in installments, and the installment price is higher than its cash price, there is no religious impediment to that. However, if the buyer purchases the item through a bank that does not own the item, but rather pays its price to the seller and collects it from the buyer in installments with interest, then this is pure usury.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/59600
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 59600
- 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