What is the ruling on financing the purchase of a car in installments from an interest-based bank that imposes interest and late fees, knowing that the bank does not disburse the amount in cash but rather provides a contractual agreement?

Usury (Riba) is inherent in this transaction from every aspect, starting with the interest stipulated at the time of the contract, and extending to the late payment penalty, which is one of the two forms of pre-Islamic usury (Riba al-Jahiliyyah), where the creditor would tell the debtor: "Either you pay, or you increase [the debt]."