The Majlis Archive

Finance - Banking - Business The Majlis Vol 20 No 06, p.3

Is it permissible to have two different prices for the same goods – a cash price and a credit price?

Question

Is it permissible to have two different prices for the same goods – a cash price and a credit price?

Answer

It is permissible to have a different price for credit. However, the condition is to state the price at the time of the sale transaction. At the time of the deal, only one price should be stated. There should be no ambiguity.

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The Majlis Vol 20 No 06
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Appears under Questions and Answers (approximate).

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