business trade Fatwa Cover

The rest of the transaction is priced slightly higher than the cash value 5413914988

Monthly Al Kawtharbusiness trade


Question

I had 10 lakh rupees in the bank. I bought a land with these. After a while, I sold the land for the remaining Rs 15 lakh over a period of 5 years, which is more than the current market price. Upon learning of the transaction, one said it was not valid. Because it is included in the interest transaction. Now I want to know, is that person right? 9669561218


Answer

- حامداومصلياومسلما، بسم الله الرحمن الرحيم -

The transaction has been validated. It is permissible to keep the price a little higher than the cash value in the rest of the transaction. However, the term and price must be determined. According to the details of the question, since the price of the land and the remaining period have been finalized at the time of purchase and sale, the transaction has been justified. This is not an interest transaction. Hazrat Shuba Ibn Hajjaj rah. Narrated from, he said, I asked Hakam Ibn Otaiba and Hammad rah. A trader says to the buyer when selling goods - so much money if you buy it in cash and so much money (more) if you buy the rest - is it valid? They both say that there is no problem if both the buyer and the seller finalize one before leaving the meeting. 7488532872

- والله اعلم باالصواب -

* This Fatwa was translated by Google Translate.
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Source

  • মুসান্নাফ ইবনে আবী শাইবা, Part: 10, Page: 594
  • রদ্দুল মুহতার, Part: 4, Page: 440
  • আলবাহরুর রায়েক, Part: 6, Page: 114
  • ফাতহুল কাদীর, Part: 6, Page: 133
  • বুহুছ ফী কাযায়া ফিকহিয়্যা মুআছিরা, Part: 1, Page: 12