What is the ruling of Islamic law on purchasing a car in installments from a bank with a 20% increase on its original price, where the bank pays the full price to the dealership and then collects the amount from the customer in installments with the added increase?

If the bank pays the price of the car to the seller on behalf of the buyer, and then collects it from the buyer with interest, this is clear usury (riba). However, if the bank first buys the car and takes possession of it, and then sells it to the client for a profit, this is permissible according to Sharia and is called Murabaha to the one who promises to purchase. It is stipulated that the bank must bear responsibility for the destruction or defect of the commodity before delivery.