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The question

Is it permissible to purchase a car in convenient installments from a car dealership through a financing institution?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

It is not possible to definitively rule on the permissibility of installment sales with the aforementioned entity without knowing the nature of the contract. However, installment sales are permissible under certain conditions, including that they do not involve usury (such as stipulating an increase for late payment), and that the entity owns the commodity before selling it to the client.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
43044
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.
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Read the full answer on Ftawy