Is it permissible to buy a car with private funds and sell it to the company after reaching an agreement with the manager, knowing that its registration procedures in the city where it will be purchased are incorrect, but it is operated in the city where the questioner resides?
If the questioner intends to buy a car and then sell it to his company based on a promise from the project manager, this is permissible and falls under Murabaha (cost-plus sale) for the one who commands the purchase, provided that the questioner is not acting as an agent for the company in its purchase.
As for the company's promise, the majority of jurists hold that it is not binding, while the Malikis view it as binding if the one promised enters into an obligation because of it.
The questioner must inform the company if the car has any legal violations; because failure to inform is considered deception, and the Prophet, peace and blessings be upon him, said: "Whoever deceives is not from me."
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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- Original fatwa ID
- 67587
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- . 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