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The question

Is it permissible to buy a car in installments or with a loan from an interest-based bank that charges interest?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

Allah has forbidden usury (riba) and dealing in it, and has prohibited cooperation in sin and aggression. Therefore, it is not permissible to deal with usurious banks whose operations are based on lending with an increase, because this is considered a disguised usurious loan. It is advisable to deal with institutions that do not engage in usury.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
45189
Imported
Translation status
Source text, unreviewed
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