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Is it permissible to take out a Murabaha loan to purchase a car from the Saudi Hollandi Bank through the company where the questioner works?

1 min readAlso available in العربية

If the bank has Islamic branches and owns the car or buys it for itself first, then sells it to you for a known price, and the contract is free from a penalty clause for late payment, then there is no objection to dealing with it; otherwise, not.

Summarized from the full answer at Ftawy · reviewed Sep 2, 2026

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