Is it permissible to purchase a car through Islamic Murabaha from a bank that deals with usury, where the bank increases the car's price by 20% over its price from the company, and the car is received directly from the company after signing the contract with the bank?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Murabaha sale is permissible if the two parties follow the following steps: The buyer specifies the desired commodity, then the bank makes a binding promise to purchase it. After that, the bank buys the commodity, and it enters into its possession and responsibility. Then, the buyer signs the Murabaha sale contract with the bank and receives the commodity.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/132646
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 132646
- 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