Charging a higher credit price

Q: Is charging more than the price on an item if it is bought on installments permissible or not?

A: It is permissible to charge a higher price compared to the cash price if an item is being sold on credit and paid for in instalments.

And Allah Ta'ala (الله تعالى) knows best.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)