I had a question about buying a car on installments. There is a car the dealership is selling for 17,000 but if I don’t have cash upfront then I’ll have to buy it in installments. So now they will sell it to me for 20,000 because of the fact I don’t have cash upfront so will this be getting involved with interest?

Q: I had a question about buying a car on installments. There is a car the dealership is selling for 17,000 but if I don’t have cash upfront then I’ll have to buy it in installments. So now they will sell it to me for 20,000 because of the fact I don’t have cash upfront so will this be getting involved with interest?

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A: If the price is fixed, it will be permissible.

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

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:

Mufti Ebrahim Salejee (Isipingo Beach)