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?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
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 Ftawyhttps://ftawy.com/en/questions/48637
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- Ftawy
- Original fatwa ID
- 48637
- Imported
- Translation status
- Source text, unreviewed
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