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?

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.