Back to search
The question

Is it permissible for the debtor to pay the price of the car in cash and bear the difference as interest to the showroom owner for the money he possesses?

Share this answer

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

The hawala (transfer of debt) is permissible. The intention is for the buyer to transfer the remaining price of the car to the showroom owner from a debt owed to the buyer by his own debtor, so that this debtor pays the showroom owner his due from the debt he owes. This is based on the Prophet Muhammad's (peace be upon him) saying: "The delay of a rich person (in paying debt) is oppression. And whoever is referred to a wealthy person, let him follow (the referral)."

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
188174
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.
Read the full ruling
Read the full answer on Ftawy