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: FtawySummarized from the full answer at Ftawy · imported 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).
Summarized from the full answer at Ftawy · imported
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- Original fatwa ID
- 18537
- Imported
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