ANSWER:

If he is going to sell it to you after buying it, this is permissible as the sin is on him! However, you must not commit to buying it or give him any down payment until he actually possesses it and you have the choice whether to continue or refuse to but it. 

One of my family member is going to buy me a phone through online by using his ‘CREDIT CARD’and paying the amount in INSTALLMENTS, If he is late to pay then he has to give ‘FINE’. Is it permissible for me to buy that phone from him if i know this is the case?

Halal/Haram Matters, Islamic economy |