What is the ruling on dealing with "Easy Life" at the Bank of Palestine, which allows purchasing from stores by agreeing on the price and payment method with the store owner, after which the bank sends a monthly statement to the buyer, without cash payment, interest, or commissions, with a repayment period specified from 3 to 36 months?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
If the bank pays for purchases and then allows the buyer to pay in installments without interest or forbidden conditions, there is no harm in that; it is a حسن (goodly) loan.
Summarized from the full answer at Ftawy · imported
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