What is the ruling on purchasing a car for a deferred price through a third-party intermediary (the bank) that benefits from an increase over the original price?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
It is permissible for the bank to buy the car and then sell it to you at a profit, even if it is more than what it paid for it. However, if the bank pays its value to the first owner and takes a profit from you, then it is not permissible, because that is usury (riba).
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/18537
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 18537
- 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