Is it permissible to sell a car purchased in installments – for which the installments have not yet been paid – to another party, on the condition that the new buyer pays the remaining installments to the company, in exchange for exchanging it for a new car after 6 months, with the seller paying the installments during these six months?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
In summary, selling an old car for a new one at a deferred price, with the second party bearing the installments, is permissible, as long as the specifications of the new car are defined and clear to avoid uncertainty (), since cars are not usurious assets. However, if the old car is mortgaged to the company, it is not permissible to sell it except with the permission of the mortgaging company or by expediting its right.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/128171
Where this answer came from
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- Ftawy
- Original fatwa ID
- 128171
- 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