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The question

Is it permissible to sell cars in installments at a car dealership, knowing that the bank charges the buyer interest, and would the seller thereby be a cause for this interest?

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

If the bank buys the car and it enters into its possession and guarantee, then sells it to the customer in installments, even at a higher price, this is permissible. However, if the person is the one who buys the car and the bank pays the price for him, then charges him more in installments, this is usury (riba) and is not permissible.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
51237
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.
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Read the full answer on Ftawy