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Ruling on charging excess amount in credit sales than that of a cash sale

Financial Transactions,Buying and Selling,Ruling on charging excess amount in credit sales than that of a cash sale

Fatwa No :
80418
| Date :
0000-00-00
معاملات / مالی معاوضات / خرید و فروخت

Ruling on charging excess amount in credit sales than that of a cash sale

What do the learned mufthis say about the issue of a person who is a shopkeeper and sells an item for 20 rupees in cash and 25 rupees on credit, but the customer does not know that the item for 20 rupees was given to him for 25 rupees. Is this sale permissible or not?

الجوابُ حامِدا ًو مُصلیِّا ً

In the case of selling on credit or installments, it is permissible and correct according to Islamic law to sell at a higher price than in cash, provided that in the contract meeting, along with determining the price, it is also determined whether the sale will be in cash or on credit.

مأخَذُ الفَتوی

ففي مصنف عبد الرزاق: عن قتادة عن بن المسيب قالوا لا بأس بأن يقول ابيعك هذا الثوب بعشرة إلى شهر أو بعشرين إلى شهرين فباعه على أحدهما قبل أن يفارقه فلا بأس به اھ (8/ 136)۔
وفي المبسوط للسرخسي: وإذا عقد العقد على أنه إلى أجل كذا بكذا وبالنقد بكذا أو قال إلى شهر بكذا أو إلى شهرين بكذا فهو فاسد (إلی قوله) وهذا إذا افترقا على هذا فإن كان يتراضيان بينهما ولم يتفرقا حتى قاطعه على ثمن معلوم وأتما العقد عليه فهو جائز لأنهما ما افترقا إلا بعد تمام شرط صحة العقد اھ (13/ 13) واللہ أعلم بالصواب!

And Allah knows best
شیر زادہ وزیر عُفی عنه
دار الافتاء جامعه بنوریه عالمیه

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