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The question

Is a car considered usurious or lawful property if it is purchased in installments, and the guarantee is a bank account with usurious money that will be disposed of to the poor, knowing that the installments will be paid from lawful money?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

If the money in the account is entirely from usurious interest, then it must be disposed of by giving it to the poor and needy or for the public welfare of Muslims. It is not permissible to benefit from it, and delaying its disbursement is a sin. However, this does not affect the permissibility of benefiting from the car.

But if the money was originally permissible and deposited in an interest-bearing account, then what is forbidden is the interest and keeping the money in this account if there is no necessity for it.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
163807
Imported
Translation status
Source text, unreviewed
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