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?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
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.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/105301
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 105301
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy