Is it obligatory to pay off the remaining amount to the bank when selling a car that was purchased in installments from an Islamic bank, or is it permissible to continue paying the remaining amount in installments after the sale?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the car is not mortgaged to the bank, there is no harm in selling it and benefiting from its price while continuing to pay the installments. However, if it is mortgaged, it is not permissible to sell it except by settling the bank's right promptly, because selling the mortgaged item without doing so would forfeit the bank's right to secure its money.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/39598
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 39598
- 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