Tag Archives: Fiqh Muamalah: Purchasing by credit

Fiqh Muamalah: Purchasing by credit, Selling by cash

Purchasing by credit and cash

Ruling of Purchasing by credit, Selling by cash



Ustadz, I’d like to ask about the ruling of purchasing house or land, and what is the ruling if we bought a house and paid half of its price (the rest is still unpaid and without taking bank loan), then we resell it with a higher price than its initial price, and we gain some profits from the selling of that not-yet-paid-off house.. Is it considered as usury? Thank you very much. Wassalam.

From: M Ali Sadikin

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