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Indefinitely Deferred Or Contingent Payment In Contract Of Sale
It is impermissible to sell goods whose payment is deferred to an unknown date and contingent on the occurrence of a future event (e.g. paying for...
 
Deferring Payment
It is permissible to defer payment as long as the seller agrees and the payment date is known beforehand. The sale is invalid if the buyer makes...
 
Extending Payment Date In Case Of Deferred Payment
In a sale for which payment is deferred and the debtor (buyer) is unable to pay even on the payment date, it is recommended for the creditor to...
 
Delay In Making Payment
It is impermissible for a debtor possessing the means to pay the creditor to delay payment unnecessarily beyond the agreed upon date.
 
Unknown Or Contingent Price In Contract Of Sale
It is forbidden to sell goods and services in which the price is unknown or is contingent or conditioned upon the occurrence of a separate event;...
 
Ambiguous Or Unknown Price
The price and the currency must be known to both buyer and seller, without any conditions linking future events with price; the following...
 
Charging Higher Price In Case Of Deferred Payment
It is permissible to charge a higher price for goods paid on deferral than for goods paid on spot in cash, as long as the buyer is aware before the...
 
Returning Transacted Item
It is permissible for the buyer to return an item of low or defective quality, or one misrepresented by the seller, and obligatory for the seller...
 
Compensation In Case Of Return Of Sold Item
The buyer is entitled, at the seller's discretion, to either a replacement or the original payment.
 
Return Of Sold Item In Case Of No Pre-Sale Inspection
If before the execution of the sale the seller instructs the buyer to first check the item (when practicable; for example, it would be difficult...
 


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