Back to search
The question

Is the profit gained from purchasing goods in cash at a discount and selling them to the company on credit at their original price permissible (halal)?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

The described transaction is impermissible because its reality is the supplier selling his debt owed by the company for a lesser amount, which is considered usury (riba). The -compliant solution is for you to purchase the goods yourself and benefit from the discount, then sell them to your workplace at the agreed-upon price, thereby becoming the true supplier. If this is not possible, then you are not permitted to pay the supplier in cash.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
176436
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy