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Tag:

sale

  • Islamic Finance

    Does Islam permit sales which are structured on credit paid in instalments?

    by Mufti Faisal July 6, 2014
    July 6, 2014 2 minutes read

    Essentially a deal may be structured in three ways. a. Cash Transaction b. Credit Transaction …

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  • Islamic Finance

    I want to make a sale at cash $2000 but the buyer says that he will pay credit after 2 months. If I ask him to pay 2200 will it be counted as interest(riba)?

    by Mufti Faisal November 26, 2013
    November 26, 2013 4 minutes read

    If you have already struck the deal with the brother at $2000 and thereafter at …

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