The ruling on purchasing cars from riba (usury or interest) banks
Machine translationRead the Arabic original
Question:
The questioner also says: What is the ruling on buying cars or other items from riba (usury or interest) banks if the bank owns them? Or if the bank says, “Go to the showroom, and either we will give you something, or we will buy the car for you?”
Answer:
Go to the showroom. If the showroom gives you something, or if it buys the car for itself, this is invalid, because it is selling what one does not own. This is not a valid fatwa, because it is not permissible, as it is selling what one does not own. However, if the car is in their possession and ownership, and they did not buy it with riba money, then it is permissible to buy it from them. But if it was bought with riba money, then it is not permissible to buy it, because it is haram (forbidden).
The presenter:
May Allah reward you
The questioner also says: What is the ruling on buying cars or other items from riba (usury or interest) banks if the bank owns them? Or if the bank says, “Go to the showroom, and either we will give you something, or we will buy the car for you?”
Answer:
Go to the showroom. If the showroom gives you something, or if it buys the car for itself, this is invalid, because it is selling what one does not own. This is not a valid fatwa, because it is not permissible, as it is selling what one does not own. However, if the car is in their possession and ownership, and they did not buy it with riba money, then it is permissible to buy it from them. But if it was bought with riba money, then it is not permissible to buy it, because it is haram (forbidden).
The presenter:
May Allah reward you
Source
الشراء من البنوك الربوية — alfawzan.live
The Arabic text is a machine transcription of the audio recording.