The condition of buying a car from the bank
Machine translationRead the Arabic original
Question:
Honorable Shaykh, he says: What is the ruling on this phrase?
Answer:
The condition for buying from the bank has two conditions. The first condition is that the car must be in your possession and ownership; they do not transfer it to the showroom. The second condition is that it must not be subject to riba (usury or interest). If it is subject to riba, or if there is any riba in it, then it is not permissible to buy it.
Honorable Shaykh, he says: What is the ruling on this phrase?
Answer:
The condition for buying from the bank has two conditions. The first condition is that the car must be in your possession and ownership; they do not transfer it to the showroom. The second condition is that it must not be subject to riba (usury or interest). If it is subject to riba, or if there is any riba in it, then it is not permissible to buy it.
Source
الشراء من البنوك الربوية — alfawzan.live (0:51)
The Arabic text is a machine transcription of the audio recording.