Is it permissible to purchase a car through the bank using a Murabaha system, whereby the bank buys the car from the dealership with a paper transaction without transferring ownership at the traffic department?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible to purchase a car in installments from the bank if the bank genuinely buys it first and then sells it to you at a profit, even if its ownership is not transferred at the traffic department. However, if the purchase is merely a formality on paper, it is a prohibited usurious loan.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/98053
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 98053
- 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