Is it permissible to sell a car that was purchased in installments through an interest-based bank, and is it permissible to benefit from its price?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
If the usurious bank purchases the car for you in a valid transaction, and it comes into its possession, then a sales contract is concluded between you and the bank, the contract is valid, and you own the car. But if it does not purchase it in a valid transaction, then it is a corrupt usurious loan, and you must return the principal and repent from engaging in usury.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/48637
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 48637
- 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