What is the ruling on buying a car in installments from a bank that requests a car value invoice from the dealership so that the bank may purchase it and then sell it to me in installments?
If the bank buys the car and it enters into its possession and guarantee, then sells it to you for a known price — even if it is higher than the market price — there is no harm in that. This is because "time has a share in the price."
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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