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The question

What is the ruling on buying a car in installments from an institution that finances its operations by borrowing money from a bank with interest (riba)?

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

It is permissible to engage in transactions, both buying and selling, with a usurer. The Prophet, peace and blessings be upon him, used to deal with the Jews, even though they practiced usury. Borrowing with interest is a major sin, but that does not mean it is forbidden to transact with the borrower in buying and selling. Therefore, there is no harm for you in buying a car from this institution.

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
19448
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