Darul Iftaa Mahmudiyyah

My question is this Is a Car financing with Duabi Islamic bank acceptable as per Sharia? Waht are the points to remember

· 9 Shaʻban 1431 AH1 min readFatwa 18828English

Question

Assalamu Alaikum

My question is this Is a Car financing with Duabi Islamic bank acceptable as per Sharia? Waht are the points to remember

Jazakallah

Bashir Mohamed

Answer

In the name of Allāh, Most Gracious, Most Merciful

Assalāmu ῾alaykum wa Rahmatullāhi Wabarakātuh

Kindly forward us the documents pertaining to Motor Vehicle Financing via the Islamic Bank in Dubai and we will analyse it, seeing whether Shariah compliant or not.

And Allāh Ta῾āla knows best

Wassalāmu ῾alaykum

Dārul Iftā, Madrasah In῾āmiyyah

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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/18828
Fatawa SA: https://fatawa.co.za/fatwa/askimam-18828

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