Back to search
The question

Is buying a car from a bank—which buys it from the dealership and sells it to me—permissible or impermissible, knowing that I am not taking a loan from the bank?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is permissible to purchase a car from the bank through a Murabaha contract if the Sharia-compliant Murabaha conditions are met. These conditions are: the bank truly owns the car and it is under its responsibility, then it sells it to you without a prior obligation for you to purchase it, and there are no penalties for late payment. If these conditions are not met, then it is not permissible to purchase, except in the case of a recognized legitimate necessity.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
160307
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy