The ruling on buying a car from a showroom on installments
Machine translationRead the Arabic original
Question:
May Allah keep you safe. This questioner says: What is the ruling on buying a car from an installment showroom, knowing that the value of this car reaches ninety thousand, and we sell it for fifty thousand in the market?
Answer:
There is nothing wrong with buying a car from a showroom or elsewhere for a cash price or a deferred price, even if the deferred price is more than the cash price. It is necessary that the deferred price be more than the cash price, but it should not be to an oppressive extent, as the questioner mentioned. So the creditor who sells the car should fear Allah the Exalted and Majestic, and limit himself to reasonable profit that is not oppressive to those with dire necessities and pressing needs. Yes.
May Allah keep you safe. This questioner says: What is the ruling on buying a car from an installment showroom, knowing that the value of this car reaches ninety thousand, and we sell it for fifty thousand in the market?
Answer:
There is nothing wrong with buying a car from a showroom or elsewhere for a cash price or a deferred price, even if the deferred price is more than the cash price. It is necessary that the deferred price be more than the cash price, but it should not be to an oppressive extent, as the questioner mentioned. So the creditor who sells the car should fear Allah the Exalted and Majestic, and limit himself to reasonable profit that is not oppressive to those with dire necessities and pressing needs. Yes.
Source
نور على الدرب - الفوزان - 03/026 — archive.org (16:17)
The Arabic text is a machine transcription of the audio recording.