He bought Jewelry and borrowed its Price from the Seller

Question :

A person took some gold jewelry from me and the price of the jewelry was 1,000 riyals. So, I said to him, "It is not permissible unless you give me cash." He then said, "Loan me 1,000 riyals." So, I loaned him 1,000 riyals and he gave it to me (to pay for the jewelry). Is this permissible?

Answer:

This is not permissible, because it is a scheme to practice Riba and it is combining two sales contracts (in one) - the contract of a loan and the contract of a sale - which is also prohibited.

Read more:

He died and I have 3,000 Riyals that I owe him

Question : I had a Yemeni man as a painter at my house. Then, Allâh's Decree ove...

It is not necessary to pay up all of the Payments of the Real Estate Bank if the heirs of the deceased or someone else agree to pay off the Loan

Question : My father owes a debt to the Real Estate Bank and he died - may Allah...

The ruling on renting Homes and Buildings to someone who will use them for that which is forbidden

Question : What is the ruling on renting places and storage facilities to someon...

The ruling on taking a Down Payment

Question : What is the ruling on the seller taking a down payment if the sale ha...