Riba and installment sale : any relation of Riba to inflation ?

Fatawa Question

Assalamu, In my previous email I forgot to mention the countries inflation rate, it is about 24 %. But the trader charges us 30 % more than cash price, is it fair ? And also I could not find the Qur’anic verse, saying acceptance. Wassalam.

Fatwa

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Publication Date

2008-04-02

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-730464

American Psychological Association (APA)

Qahf, Mundhir. 2008-04-02. Riba and installment sale : any relation of Riba to inflation ?. .
https://search.emarefa.net/detail/BIM-730464

Modern Language Association (MLA)

Qahf, Mundhir. Riba and installment sale : any relation of Riba to inflation ?. 2008-04-02.
https://search.emarefa.net/detail/BIM-730464

American Medical Association (AMA)

Qahf, Mundhir. 2008-04-02. Riba and installment sale : any relation of Riba to inflation ?.
https://search.emarefa.net/detail/BIM-730464