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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)?

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Source: FtawySummary from Ftawy's records · added here 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.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
176436
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.
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Read the full answer on Ftawy