Back to search
The question

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?

Share this answer

Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

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.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Where this answer came from
Source platform
Ftawy
Original fatwa ID
48637
Imported
Translation status
Source text, unreviewed
Read the full ruling
Read the full answer on Ftawy