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The question

Is buying a car from a bank – which first buys it then sells it to the client at an increased, installment-based price – permissible or forbidden?

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

If the bank genuinely purchases the car and then sells it to you in deferred installments without stipulating a late fee penalty, then this is a permissible Murabaha.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
180909
Imported
Translation status
Source text, unreviewed
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