Ruling on Participating in the Purchase of a Car on Installment
Machine translationRead the Arabic original
The questioner:
May Allah reward you. The questioner asks: What is the ruling on participating in the purchase of a car on installment?
The Shaykh:
What is its ruling?
The questioner:
Participating.
The Shaykh:
Yes.
The questioner:
In the purchase of a car on installment, in the form of monthly installments.
The Shaykh:
In the purchase of a new car.
The questioner:
On installment.
The Shaykh:
On installment.
The questioner:
In the form of monthly installments, and the participants share in the installment payments, even though the car is in the name of one of them, and then they sell the car.
The Shaykh:
I do not know what this question is; your voice is mixed up in the room. Yes. Yes.
The questioner:
The questioner asks: What is the ruling on participating in the purchase of a car on installment?
The Shaykh:
On installment.
The questioner:
In the form of monthly installments, and the participants share in the installment payments.
The Shaykh:
He participates, he participates.
The questioner:
Yes, in the installments.
The Shaykh:
The participants, yes.
The questioner:
Even though the car is in the name of one of them, and then they sell the car and divide the amount according to the share,
The Shaykh:
Yes, the original ruling is that there is nothing wrong with participating in the purchase of a car or anything else. A group participates and buys a car, a house, an orchard, or something else, and they put it in their names, not in the name of one person. They put it in their names; the names of the buyers are mentioned. As for buying it in a way that it appears to be one person while they are a group, and they conceal this from the seller, this is not permissible. This is a mistake.
The questioner:
May Allah reward you. The questioner says:
The Shaykh:
Yes, in their names all, and they pay its price in installments, then they sell it. If they make a profit, they divide it, and there is no harm in this form. As for one person handling it while there are hidden partners about whom it is not known, this is a mistake. Yes.
The presenter:
Allah is with you.
May Allah reward you. The questioner asks: What is the ruling on participating in the purchase of a car on installment?
The Shaykh:
What is its ruling?
The questioner:
Participating.
The Shaykh:
Yes.
The questioner:
In the purchase of a car on installment, in the form of monthly installments.
The Shaykh:
In the purchase of a new car.
The questioner:
On installment.
The Shaykh:
On installment.
The questioner:
In the form of monthly installments, and the participants share in the installment payments, even though the car is in the name of one of them, and then they sell the car.
The Shaykh:
I do not know what this question is; your voice is mixed up in the room. Yes. Yes.
The questioner:
The questioner asks: What is the ruling on participating in the purchase of a car on installment?
The Shaykh:
On installment.
The questioner:
In the form of monthly installments, and the participants share in the installment payments.
The Shaykh:
He participates, he participates.
The questioner:
Yes, in the installments.
The Shaykh:
The participants, yes.
The questioner:
Even though the car is in the name of one of them, and then they sell the car and divide the amount according to the share,
The Shaykh:
Yes, the original ruling is that there is nothing wrong with participating in the purchase of a car or anything else. A group participates and buys a car, a house, an orchard, or something else, and they put it in their names, not in the name of one person. They put it in their names; the names of the buyers are mentioned. As for buying it in a way that it appears to be one person while they are a group, and they conceal this from the seller, this is not permissible. This is a mistake.
The questioner:
May Allah reward you. The questioner says:
The Shaykh:
Yes, in their names all, and they pay its price in installments, then they sell it. If they make a profit, they divide it, and there is no harm in this form. As for one person handling it while there are hidden partners about whom it is not known, this is a mistake. Yes.
The presenter:
Allah is with you.
Source
شرح عمدة الأحكام، باب ما نهي عنه من البيوع — islamhouse.com (50:40)
The Arabic text is a machine transcription of the audio recording.