Question ID: 23611
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As-salaamuallaykum hope Mufti is in good health. I would like to know if it is permissible to charge a different cash price and a higher price if the person would like to pay over a period of time. Price negotiations say if you pay me now for my car i’ll give it to you for R20k, if you would like to pay in two weeks time you can pay me R21k. There was no previous marked or fixed price on the item. Is this form of transaction permissible? Jazakallah.

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Asked on May 23, 2010 12:00 am
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Yes
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Answered on May 23, 2010 12:00 am