Is it permissible to purchase a car from a Riba-based bank that first acquires ownership of it and then sells it to me, given that I was compelled by my employer to have my salary account at this bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the bank owns the car and possesses it, then sells it to you in installments without stipulating a late penalty, this transaction is permissible. Sheikh Ibn Uthaymeen was asked about the ruling on buying cars in installments from banks that own them and stipulate salary transfer, and he permitted it.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/176428
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 176428
- 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