Is it permissible to purchase a car mortgaged to the bank by paying a portion of its price, with the seller committing to pay the remaining installments, and then finalizing the sale contract on the same day? And what is the appropriate legitimate formula for such a transaction?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the car is mortgaged to the bank, its owner must inform the bank of his desire to sell it and arrange with the bank the procedures for releasing it from the mortgage, because it is not permissible to sell a mortgaged item without the permission of the mortgagor. If it is released from the mortgage or the bank permits its sale, then it is permissible to purchase it by agreement with its owner.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/194020
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 194020
- 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