Transactions & Dealings >> Business

Question # : 38862


Can we give some person money to buy cloth for us and then sell him the same cloth at higher rate as he will pay after one month?

Answer : 38862

Published on: Jun 18, 2012

بسم الله الرحمن الرحيم

(Fatwa: 494/473/N=1433)

The concerned person in the question first should buy cloth for you from your money and then you shall sell those clothes to him with some profit on loan with fixed price then as per the Shariah this dealing shall be lawful and correct.

Allah knows Best!

Darul Ifta,
Darul Uloom Deoband

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