Islam Question and Answer - Ruling on raising the price of a product in order to extend the warranty

Mon 6/12/1430 - 23/11/2009

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Principles of Fiqh » Jurisprudence and Islamic Rulings » Transactions » Compensation

Ruling on raising the price of a product in order to extend the warranty

What is the ruling on raising the price of a product in order to extend the warranty?

Praise be to Allaah.

We put this question to Shaykh ‘Abd-Allaah ibn Jibreen, may Allaah preserve him, who replied as follows:

There is nothing wrong with it if it is done with the agreement of both parties… but selling separate warranty certificates is not permitted. And Allaah knows best.

Shaykh ‘Abd-Allaah ibn Jibreen