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Is it jayaz to buy a vehicle or any thing in installment?

Answered according to Hanafi Fiqh by Darulifta Deoband Waqf
Ref. No. 941

As salamo alaikum.
Is it jayaz to buy a vehicle or any thing in installment.While paying the installment,we need to pay interest also,so is it jayaz or not?


Answer:

Ref. No 939

In the name of Allah the most Gracious the most Merciful

The answer to your question is as follows:

Dealing with riba/interest (without a severe need or a valid reason that is acceptable in Islam) is a major sin in Islam and the Quran says it is Haram. A person should abstain from it throughout his life.

And Allah knows best

 

Darul Ifta

Darul Uloom Waqf Deoband

This answer was collected from the official website of Darul Uloom Deoband Waqf. The institution is based in India and the answers are provided in accordance to the Hanafi Fiqh.

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