• Transactions & Dealings >> Business

    Question ID: 38862Country: India

    Title: Can we give some person money to buy cloth for us and then sell him the same cloth at higher rate as he will pay after one month

    Question: Can we give some person money to buy cloth for us and then sell him the same cloth at higher rate as he will pay after one month?

    Answer ID: 38862

    Bismillah hir-Rahman nir-Rahim !

    (Fatwa: 494/473/N=1433) The concerned person in the question first should buy cloth for you from your money and then you shall sell those clothes to him with some profit on loan with fixed price then as per the Shariah this dealing shall be lawful and correct.

    Allah (Subhana Wa Ta'ala) knows Best

    Darul Ifta,

    Darul Uloom Deoband, India