ASK 208

In this clip Dr Israr Ahmed explains whether installment-based transactions, like leasing, are permissible in Islam. In Hanafi Fiqh, selling an item at a higher price for deferred payment is allowed, but he criticizes this practice, arguing it resembles interest and lacks clear evidence from the Quran or Hadith. While some scholars permit it based on common practice, Dr. Israr questions the justification and views it as problematic.