Selling the same item at different prices
السلامعليكم
We plan on starting an online store, we wanted to find out what is the ruling on selling an item at two different prices. One at an immediate cash price and the second at a higher fixed price but giving the customer 4 months to pay or a longer period. Once the purchase is made, the item will be delivered but the customer has terms to pay.
JazakAllah
Answer
Wa’alaykum as Salām wa raḥmatullāhi wa barakātuhu,
It is permissible to sell at a different spot price and another price if a person pays over time, on It is on condition that the deferred date of payment and price is predetermined and agreed upon at the time of contracting the sale