Is it permissible to sell an item on credit when the excess amount over the spot price is deferred?

General Chapter

Al-Mughni

Book of Mukātaba (Contractual Manumission)

Book 68 · Issue 2 · Bab 1

Open in Qurani

Primary text

If the master sells the item for more than its current spot value and makes the excess amount deferred, it is permissible because the excess portion constitutes profit (ribh).