Is it permissible to buy a car from Al Baraka Bank without taking possession of it, considering the bank's role as merely a financier, and is this considered a circumvention of usury, as some scholars like Ibn Uthaymeen mentioned?

If the bank purchases the car, takes possession and ownership of it, and it enters its custody and guarantee, and then sells it to you for a profit, there is no harm in that.

There is a difference of opinion regarding the condition of taking possession of an item before selling it to another, for things other than food. The majority stipulate possession, while Imam Malik holds that this is specific to food. There is no harm in following the Shariah Supervisory Board of the bank if it adopts this view, especially since it is common in those countries to follow the Maliki school of thought.