Is there a difference between Fatwa no. 2541486 and Fatwa no. 8077 regarding the ruling on an employee taking a loan from their company to buy a car that will be registered in the company's name?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
The transaction between an employee and their employer is a loan, not a sale. Registering the car in the company's name for documentation purposes, to keep it as collateral, and for the employee not to dispose of it until the loan is repaid, is permissible and does not affect the validity of the transaction. As for the mentioned , it addresses the issue of selling without transferring the sold item to the second seller's name in legal departments, which is a purely legal procedure, and the consideration in contracts is their meanings.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
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- Ftawy
- Original fatwa ID
- 153657
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- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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