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Arranging finance for the customer

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: I want to sell my car and I know that in most cases many people will not be able to buy it cash, and I know a car dealer who arranges finance for the customers. Can I advertise the car and say finance can be arranged, and when a customer comes to me then I send him to the car dealer that I know will assist him with the finance, will this be permissible?

Bismillaah

A: This is impermissible as you will be encouraging people to take interest bearing loans from the bank.

And Allah Ta’ala (الله تعالى) knows best

 

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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