Back to search
The question

What is meant by the phrase "entered into his responsibility" found in the condition "that the seller must have taken possession of the sold item and it must have entered into his responsibility before he sells it" in a halal Murabahah sale? Is the Murabahah sale to a purchaser permissible if the bank buys the car and it enters into its ownership, and then it sells it to me, or if the bank buys the car and it directly enters into my ownership?

Share this answer

Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

The phrase "entered into his responsibility" means that the seller bears the responsibility for the destruction of the sold item before delivery, and the responsibility for its return if a hidden defect is found in it after delivery. If the bank buys the car and takes possession of it first, and then sells it to you, this is a permissible murabaha sale. However, if the bank lends you the price of the car with an increase, this is a prohibited usurious transaction, regardless of the name or whether the car remains mortgaged.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
77103
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