Is it permissible to purchase a car with a deposit guarantee in an Islamic bank?
If the intention is to purchase a car through a Murabaha and installment system, there is no harm in that. If the bank requests collateral for its debt, such as placing a house, land, gold, or the like, this is legally termed a pledge (rahn), not a deposit (wadi'ah).
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
Read the full answer on Ftawyhttps://ftawy.com/en/questions/43400