Transactions & Dealings >> Business

Question ID: 145761Country: INDIA

Title: Whether I can sell a property on installments at a higher price if the payment is to made at a later date?

Question: Whether I can sell a property on installments at a higher price if the payment is to made at a later date?

Answer ID: 145761Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 162/153/M=2/1438)

It is lawful to sell goods or property on installments for higher price provided the dealing is finalized already. In case the payment is not made on the deadline, it will not be lawful to increase the amount.

Allah (Subhana Wa Ta'ala) knows Best

Darul Ifta,

Darul Uloom Deoband, India

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Title: Whether I can sell a property on installments at a higher price if the payment is to made at a later date?

Question: Whether I can sell a property on installments at a higher price if the payment is to made at a later date?

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