6020
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30 / 04 / 2026
Postponement of Paying Part of the Price When Buying Gold
It is known that when buying gold, the money must be paid immediately in the same session to avoid usury. If the full amount is paid and fifty dinars remain for a later time, does usury apply to it?
Answer
I say, and with God's success: It is not permissible to postpone the price or part of it in the sale of gold; because it is necessary to take possession in the session, thus the contract is valid for what is possessed and invalid for what is not possessed, and they have fallen into usury with this transaction, and God knows best.
