Loans, Tawarruq, discounting, financing of business : car financing from conventional banks

السؤال

Assalamu Alaikum, I have a question which I need clarification on. If one lives in a society where there are no Islamic Banks for one to access a facility ( auto finance or mortgage) but there are fund managers that deal purely on Islamic products and you approach the fund managers for auto financing, which you thought you would be granted with the facility. The issue is that you committed yourself, borrowed money from someone and paid almost half the price of the car to the car dealer so that he would not sell the car to another person hoping that when your access the facility from the fund managers you will pay back the money you borrowed. But unfortunately, you were not granted the facility, the money you borrowed is stuck with the car dealer which he said he cannot refund but you can purchase the car and you are unable to pay back the money you borrowed. Can you go to a conventional bank and obtain a loan to pay back the money you borrowed ? Please note that the car is a necessity because I do not have a car. I need to go to work, take my kids to school, etc. Thank you

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2009-04-27

التخصصات الرئيسية

العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• المصارف
• الفقه الإسلامي
• التمويل
• السيارات

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-729688

• APA
• MLA
• AMA