The Ruling on Buying a Car for Half the Price in Cash and the Rest on Installment
Machine translationRead the Arabic original
Question:
The questioner says: If I buy a car, paying half the price in cash and the rest in installments, is this sale valid?
Answer:
There is no harm in buying a car for a deferred price, whether in one installment or in several installments; there is no harm in that. The default in transactions is permissibility, except for what evidence indicates is forbidden. The Prophet (peace and blessings be upon him) bought on credit; he bought food for his family and pledged a suit of armor with the Jew from whom he bought it. The Messenger of Allah (peace and blessings be upon him) passed away while the armor was still pledged with the Jew. This indicates the permissibility of deferred sales, which is for the benefit of people.
The presenter:
May Allah reward you.
The questioner says: If I buy a car, paying half the price in cash and the rest in installments, is this sale valid?
Answer:
There is no harm in buying a car for a deferred price, whether in one installment or in several installments; there is no harm in that. The default in transactions is permissibility, except for what evidence indicates is forbidden. The Prophet (peace and blessings be upon him) bought on credit; he bought food for his family and pledged a suit of armor with the Jew from whom he bought it. The Messenger of Allah (peace and blessings be upon him) passed away while the armor was still pledged with the Jew. This indicates the permissibility of deferred sales, which is for the benefit of people.
The presenter:
May Allah reward you.
Source
شرح كتاب التوحيد [ صالح الفوزان ]، تابع باب ما جاء من التغليظ فيمن عبد الله عند قبر رجل صالح، فكيف إذا عبده ؟ - 2 — islamhouse.com (28:22)
The Arabic text is a machine transcription of the audio recording.