Price differentiation and discremination : price difference between cash sale and credit sale and sale of gold
Fatawa Question
I sell goods to people from my own home and that includes gold, most of the people buy by credit and pay me whenever they get the money. I was told by my local Imam that selling (gold) by credit is Haram. I can not get the point where I do not increase the value of the product if it sold by credit. Also is it Haram to make a difference between the cash price and the credit price of a good (by fixed amount)
Fatwa
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Publication Date
2003-01-22
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726823
American Psychological Association (APA)
Qahf, Mundhir. 2003-01-22. Price differentiation and discremination : price difference between cash sale and credit sale and sale of gold. .
https://search.emarefa.net/detail/BIM-726823
Modern Language Association (MLA)
Qahf, Mundhir. Price differentiation and discremination : price difference between cash sale and credit sale and sale of gold. 2003-01-22.
https://search.emarefa.net/detail/BIM-726823
American Medical Association (AMA)
Qahf, Mundhir. 2003-01-22. Price differentiation and discremination : price difference between cash sale and credit sale and sale of gold.
https://search.emarefa.net/detail/BIM-726823
