Is it permissible to purchase a car in installments from an Islamic bank at a price higher than its original price at which the bank bought it?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the bank owns the commodity (the car) and it comes into its possession and responsibility, then it sells it by installments to the one who ordered its purchase, even if for a price higher than what it bought it for, there is no objection to that. This is because time has a share in the price, provided that the sale fulfills the stipulated conditions.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/106718
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 106718
- 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