Ruling on buying a product for deferred payment through the bank

Shar’i guidelines on selling by instalments

Ruling on what is called a “promise to buy”

The company takes the down payment then buys the property then sells it to the purchaser

When the company buys the car and it comes into its possession, then it may sell it

The car is taken possession of by acquiring it and moving it from where it is, even if the official registration has not been completed

There is nothing wrong with buying from companies that sell by instalments if the product is in their possession

Ruling on buying an apartment from the bank by instalments

Ruling on increasing the price of an item for some customers and not others

Ruling on opening one’s business on the day of kaafir festivals