Is It Permissible for KFH to Purchase Goods Back from the Bank and Then Sell Them to the Same Customer Who Could Not Afford to Pay the Bank for It When the Commodity Arrived?

Back
Question: A merchant opened a letter of credit with one of the local banks, but when the commodity arrived at the port the customer could not afford to pay the bank for it. Is it permissible for KFH to purchase...
Premium Content

Unlock full fatwa content by subscribing.

Subscribe to Premium