9128
3
27 / 06 / 2026
Instalment Debt
I want to buy something in instalments, so I took this amount from someone and paid for the item in cash, then I paid the person an instalment amount every month at the instalment price. What is the ruling? Is there usury?
Answer
I say, and with God's help: If he has increased the loan you took from him, then it is usury. You should have asked him to buy this item in cash and then sell it to you in installments for the amount you both agree upon to avoid usury. And God knows best.
