Transactions (Muʿāmalāt)
Increasing Price For Delayed Payment
زيادة الثمن مقابل التأجيل في السداد
Question
He says: I sell barley to owners of livestock. And some people request for delay of payment for a week. So I accept and I increase his payment. Is that permissible?
Official Transcript (English)
Shaykh Ṣāliḥ bn Fawzān al-Fawzān:
Yes. It is permissible for you to increase (the payment) in return for the (added) time. Naʿam.
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Tags:
#Trade & Business
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