What is the ruling on an Islamic bank purchasing a car from a usurious bank in installments, with a 13% increase on its original price, if the usurious bank had also added 13% to its price?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Purchasing a car through an interest-based bank is forbidden (), as it is an interest-bearing loan. The buyer must repent to Allah. It is not permissible to attempt to purchase the car again through an Islamic bank because it has already become the property of the buyer. Repentance is sufficient for him. If he is able to pay the principal amount without the interest, then he should do so.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/32156
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 32156
- 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