A man owns an old used car and wants to exchange it for a new one, paying the difference in the value of the new car; is that permissible?
Machine translationRead the Arabic original
The questioner : He says: A man owns a new car worth eighteen thousand dinars, or... He wanted to exchange his car for another car owned by another man, worth ten thousand dinars, for example, because it is old and used. So they agreed to complete the exchange, and the second man would pay eight thousand as the value of the difference in quality between the two cars; is this permissible?
The Shaykh : I see no obstacle in that; because a car and what is similar to it are not among the six types of riba items; so here it is permissible to exchange a car for a car, even with a difference in value, provided that the disparity exists between the two cars; so there is nothing wrong with that.
Yes.
The Shaykh : I see no obstacle in that; because a car and what is similar to it are not among the six types of riba items; so here it is permissible to exchange a car for a car, even with a difference in value, provided that the disparity exists between the two cars; so there is nothing wrong with that.
Yes.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.
