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Is it permissible to purchase a car with a deposit guarantee in an Islamic bank?

1 min readAlso available in العربية

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

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