Is it permissible for me to buy a car for my friend in cash and then sell it to him on installments with interest?
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. He says: Is it permissible for me to buy a car for my friend that he wants, buying it in cash, and then sell it to him on installments with interest?
Answer:
If you own it fully, it is permissible to sell it to him for a price due immediately or deferred, and there is no harm in that. The point is that you must own it fully and then sell it to him if you wish. Yes.
Honorable Shaykh, may Allah grant you success. He says: Is it permissible for me to buy a car for my friend that he wants, buying it in cash, and then sell it to him on installments with interest?
Answer:
If you own it fully, it is permissible to sell it to him for a price due immediately or deferred, and there is no harm in that. The point is that you must own it fully and then sell it to him if you wish. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، [355 -3022] هل يجوز لي أن أشتري لصاحبي سيارة نقدا ثم أقسطها عليه بفائدة؟ - الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.