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6 Mga view· 01/30/25
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In this clip Dr Israr Ahmed explains that selling on installments at a higher price than the cash price is considered permissible by many scholars, but he personally views it as interest (sood) and haram. He argues that charging extra for delayed payments resembles paying interest on loans. He criticizes Islamic banking for involving hidden forms of interest. However, he supports fixed increases to avoid continuous interest growth.

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