Mufti Online — Madrasah Ta'leemuddeen

Buying a car on installment

· 18 Dhuʻl-Qiʻdah 1434 AH1 min readEnglish

Question

Kindly tell me what is the ruling for buying a new car on installment because in this case we have to pay extra money. Is this extra money considered as interest? And is it allowed to buy a car on installments?

Answer

If the person purchases the car directly from the seller and the price is fixed (no interest), however he is allowed to pay the entire amount in installments, it will be permissible.

And Allah Ta'ala (الله تعالى) knows best.

References (Arabic / Urdu sources)

قال ويجوز البيع بثمن حال ومؤجل إذا كان الأجل معلوما لإطلاق قوله تعالى { وأحل الله البيع } وعنه عليه الصلاة والسلام أنه اشترى من يهودي طعاما إلى أجل معلوم ورهنه درعه ولا بد أن يكون الأجل معلوما لأن الجهالة فيه مانعة من التسليم الواجب بالعقد فهذا يطالبه به في قريب المدة وهذايسلمه في بعيدها (هداية 3/21)

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
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Questions about this ruling, answered only from the archive with sources.

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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/3755
Fatawa SA: https://fatawa.co.za/fatwa/muftionline-3755

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