The ruling on buying a used car on installment and the limit of profit
Machine translationRead the Arabic original
The questioner:
If a person goes to a car company and wants them to buy him a used car, such that he pays them for it in installments,
The Shaykh:
We said that this is not permissible unless the car is in their possession before the contract, and he buys it for a price, either cash or installment, that does not violate the rules. As for the car not being with them, and he concludes a contract with them, then they go and buy it for him, this is not permissible. Yes.
The questioner:
And if you look at this, it is from behind our taking after the purchase.
The Shaykh:
If they do not conclude contracts until after the purchase of the car, there is no money, and they do not obligate them, they do not obligate them. Yes.
If a person goes to a car company and wants them to buy him a used car, such that he pays them for it in installments,
The Shaykh:
We said that this is not permissible unless the car is in their possession before the contract, and he buys it for a price, either cash or installment, that does not violate the rules. As for the car not being with them, and he concludes a contract with them, then they go and buy it for him, this is not permissible. Yes.
The questioner:
And if you look at this, it is from behind our taking after the purchase.
The Shaykh:
If they do not conclude contracts until after the purchase of the car, there is no money, and they do not obligate them, they do not obligate them. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 8 من 89|شرح العدة في شرح العمدة|البيوع|فصل في حكم بيع الملامسة والمنابذة|صالح الفوزان|الفقه — youtube.com (22:55)
The Arabic text is a machine transcription of the audio recording.