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

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Publication : 25-10-1999

Views : 14700

Question

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

Answer

Praise be to Allah.

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.

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Source: Shaykh ‘Abd-Allaah ibn Jibreen