The ruling on buying a car from a bank before it owns it
Machine translationRead the Arabic original
The questioner:
Honorable Shaykh, may Allah grant you success. This questioner says: Is it permissible for me to buy a car from the bank when it does not own it, and I pay
The Shaykh:
What do you mean?
The questioner:
Is it permissible for me to buy a car from the bank when it does not own it, and I pay it the price before signing the contract, and then it buys it?
The Shaykh:
No, if it has cars, you come and buy one of them and take delivery of it, but before it buys the cars, it is not permissible.
Honorable Shaykh, may Allah grant you success. This questioner says: Is it permissible for me to buy a car from the bank when it does not own it, and I pay
The Shaykh:
What do you mean?
The questioner:
Is it permissible for me to buy a car from the bank when it does not own it, and I pay it the price before signing the contract, and then it buys it?
The Shaykh:
No, if it has cars, you come and buy one of them and take delivery of it, but before it buys the cars, it is not permissible.
Source
شرح كتاب المنتقى من أخبار المصطفى صلى الله عليه وسلم، بداية من باب النهي عن ثمن عسب الفحل — islamhouse.com (56:07)
The Arabic text is a machine transcription of the audio recording.