What is the ruling on buying a car in installments from a company that deals with the same bank I deal with, and the bank deducts the monthly installments from my account and deposits them into the company's account?
There is no objection to purchasing a car in installments from the company if the contract is free of impermissible elements, such as compelling the buyer to pay an increase in case of late installment payment.
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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