The ruling on buying a car with monthly installments
Machine translationRead the Arabic original
Question:
May Allah reward you, Honorable Shaykh. This questioner says: Is it permissible for me to buy a car for thirty thousand riyals, paying half the amount as a down payment and then paying the rest in monthly installments over six months? This is a way of buying a car for a fixed price, paying half of it in cash and paying the rest in specified installments.
Answer:
There is nothing wrong with that, for Allah the Exalted has made trade lawful, and the default in transactions is permissibility, and this is easier for people.
May Allah reward you, Honorable Shaykh. This questioner says: Is it permissible for me to buy a car for thirty thousand riyals, paying half the amount as a down payment and then paying the rest in monthly installments over six months? This is a way of buying a car for a fixed price, paying half of it in cash and paying the rest in specified installments.
Answer:
There is nothing wrong with that, for Allah the Exalted has made trade lawful, and the default in transactions is permissibility, and this is easier for people.
Source
البيع بالتقسيط — alfawzan.live
The Arabic text is a machine transcription of the audio recording.