Giving a car in exchange for a loan
Machine translationRead the Arabic original
Question:
The questioner says: What is the ruling if a person says to another, “I will give you my car to use, on the condition that you lend me a sum of money, and when you return the amount to me, I will take the car back”?
Answer:
This is riba (usury or interest), so it is not permissible. The Prophet (peace and blessings be upon him) said:Bulugh al-Maram 7:99. A loan is a contract of kindness and benevolence; you lend a needy person a sum of money to meet his need, and he returns it to you without any increase. In this, there is a reward from Allah (Glorified and Exalted is He). As for the one who conditions an increase or a benefit, that is riba and is not permissible. Yes.
The presenter:
May Allah reward you.
The questioner says: What is the ruling if a person says to another, “I will give you my car to use, on the condition that you lend me a sum of money, and when you return the amount to me, I will take the car back”?
Answer:
This is riba (usury or interest), so it is not permissible. The Prophet (peace and blessings be upon him) said:
Every loan, which leads to a benefit, is usury.
كُلُّ قَرْضٍ جَرَّ مَنْفَعَةً فَهُوَ رِبًاThe presenter:
May Allah reward you.
Source
شرح كتاب التوحيد [ صالح الفوزان ]، باب من الشرك النذر لغير الله — islamhouse.com (1:01:55)
The Arabic text is a machine transcription of the audio recording.