The Ruling on Car Loans in Showrooms
Machine translationRead the Arabic original
Question:
And does the loan take place at the Al-Mandiyah dealership for the car?
Answer:
In fact, some of them are even more extreme than this. They say, "Go and buy it yourself, and write an agreement between you and the seller, and bring me the invoice. I will pay the seller on your behalf, and you will pay me back with an increase." This is explicit riba (usury or interest). They do this with some people, saying to the buyer, "Go and buy it however you like, but just bring me the document for the value, and I will pay it off for you. And you will pay it off to me with an increase of so much and so much." This is explicit, and may Allah protect us from it. Yes.
And does the loan take place at the Al-Mandiyah dealership for the car?
Answer:
In fact, some of them are even more extreme than this. They say, "Go and buy it yourself, and write an agreement between you and the seller, and bring me the invoice. I will pay the seller on your behalf, and you will pay me back with an increase." This is explicit riba (usury or interest). They do this with some people, saying to the buyer, "Go and buy it however you like, but just bring me the document for the value, and I will pay it off for you. And you will pay it off to me with an increase of so much and so much." This is explicit, and may Allah protect us from it. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، 101 من 175 /شرح بلوغ المرام/البيوع/شروطه وما نهي عنه منه/صالح الفوزان/الحديث/كبار العلماء — youtube.com (31:30)
The Arabic text is a machine transcription of the audio recording.