The Ruling on Selling a Car as a Loan
Machine translationRead the Arabic original
Question:
The questioner says: Shaykh, I went to a man to ask him to lend me money, and he said to me, “Sell me this car of yours, and its price will be a loan to you.” Is this transaction valid, or is it a loan that brings a benefit?
Answer:
If the sale returns a benefit to its owner, then this is a loan that brings a benefit. But if there is no benefit returning to its owner, then this is a permissible loan. Yes.
The presenter:
May Allah reward you.
The questioner says: Shaykh, I went to a man to ask him to lend me money, and he said to me, “Sell me this car of yours, and its price will be a loan to you.” Is this transaction valid, or is it a loan that brings a benefit?
Answer:
If the sale returns a benefit to its owner, then this is a loan that brings a benefit. But if there is no benefit returning to its owner, then this is a permissible loan. Yes.
The presenter:
May Allah reward you.
Source
نور على الدرب - الفوزان - 02/286 — archive.org (11:55)
The Arabic text is a machine transcription of the audio recording.