What is the ruling on taking out a loan to buy a car?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the loan is a goodly loan () with no increase, then it is permissible and a help to the needy. However, if it is an usurious loan (riba-based) with a stipulated or customary increase, then it is forbidden and considered among the major sins.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/174042
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 174042
- 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