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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.
Source: IslamQA (Sheikh Muhammed Salih Al-Munajjid)