Is it permissible to buy a car in installments from a dealership that requires a bank as a guarantor, given the option of choosing an Islamic bank, and does this entail a suspicion of usury (riba), despite rulings from Azhar scholars permitting it?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible for the seller, in an installment sale, to request a guarantor or a surety to whom he can refer in case the buyer delays payment. The validity of the guarantee contract is a condition for its permissibility in Islamic law. The buyer can emulate the knowledgeable Islamic scholars who have issued fatwas permitting bank guarantees after examining the matter.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/100108
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 100108
- 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