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The question

Is it permissible to purchase a car through a Murabaha system in the manner in which the bank buys the car from the dealership, then sells it to the client in installments with an increase in price, after which the car is transferred from the dealership to the client's name?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

If the bank first owns the car and then sells it to the client for a higher price, this is a valid Murabaha sale, and there is no harm in it. The fact that the car is not officially registered in the bank's name does not affect the validity of the sale, as this is merely a legal documentation procedure.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
117593
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.
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Read the full answer on Ftawy