25 Dhul-Hijjah 1440

i want to buy a flat but i am wondering if i can go with the installment plan which is interest free..but the project is like if i buy directly from an owner who already bought that flat from a builder few years a go on installment it costs me 300k but if i buys the flat from builder it costs me 350k but it will be divided on 60 monthly installments.builder have only this option

By Admin
In Islamic Economy
Apr 17th, 2017

If the 350k is fixed and can’t be increased even after 60 months, this is permissible.

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