The image of the permissible and forbidden loan?
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Question:
Yes, Sa'd from Riyadh says: I found a car in the showroom but I do not have its price. I said to a friend of mine, "Buy this car and sell it to me in installments for a higher amount." Is this permissible?
Answer:
If he buys it for you and pays the price on your behalf and then reclaims it with an increase, that is a loan, a forbidden loan. But if he buys it for himself and takes full ownership of it, and then sells it to you, then this is permissible, whether it is in installments or paid in full. Yes.
Yes, Sa'd from Riyadh says: I found a car in the showroom but I do not have its price. I said to a friend of mine, "Buy this car and sell it to me in installments for a higher amount." Is this permissible?
Answer:
If he buys it for you and pays the price on your behalf and then reclaims it with an increase, that is a loan, a forbidden loan. But if he buys it for himself and takes full ownership of it, and then sells it to you, then this is permissible, whether it is in installments or paid in full. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، صورة القرض الجائز والمحرم؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.