Fatwa ID: 07438

Answered by: Maulana Sheik Abdel Ahaad Imrit

Question:

Does someone know Klarna? It’s similar to PayPal,  so I want to order a book from the UK and there is the option for paying in three instalments, the book is actually £171 but by paying through Klarna it costs £190.10, and they write it as interest-free. 

Any idea if this is jaa’iz?

In the name of Allah, the Most Gracious, the Most Merciful

Answer:

A sale in which the parties agree that the payment of the price will be deferred is known as “Bai’ Mu’ajjal.” 

In this type of sale, the buyer takes possession of the goods immediately, while the payment is delayed to a specified future date. 

The deferred price can be higher than the cash price, but it is crucial that the price, the terms of payment, and the due date are clearly agreed upon and fixed at the time of the sale. 

الاقتصاد الإسلامي ص٥١

و ابرز ما يمارس في المصارف من البيوع : البيع الى اجل مع الزيادة في الثمن لاجل الاجل. و يكون الوفاء: بالتقسيط غالباً او دفعةً

حكمه: بيع حلال، و زيادة في ثمن السلعة في البيع مؤجّل الثمن جائزة شرعاً، ما دامت تتم وقت التعاقد و يقع التبايع بها كقيمة مؤجّلة للسلعة. و مراعاة الزمن في زيادة الثمن لا يجد ما يمنعها شرعاً،  فليست هذه الصورة من الربا، و لا اثر التقسيط في الحكم.

Only Allah (عز و جل) knows best.

Written by Maulana Sheik Abdel Ahaad Imrit

Checked and approved by Mufti Mohammed Tosir Miah

Darul Ifta Birmingham