Charging a higher credit price
Question
Is charging more than the price on an item if it is bought on installments permissible or not?
Answer
It is permissible to charge a higher price compared to the cash price if an item is being sold on credit and paid for in instalments.
And Allah Ta'ala (الله تعالى) knows best.
- Answered by
- Mufti Ebrahim Salejee (Isipingo Beach)
Questions about this ruling, answered only from the archive with sources.
Where scholars differ, it’s safer to take the more cautious view.
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/28625
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-28625
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