Interest loans to buy a car : an already existing loan for a car

Fatawa Question

I took a loan to continue on what I saved from money to buy a car. When I took this loan from the bank I was not aware that loans are only legal and allowed for essential purposes. Do u see that I am guilty in this case and what to do noting that if I sale the car will lose a lot from what I paid ? N.B : I am doing my best to settle this loan by paying most of my salary every month and any bonus I take. I Hope you could tell me if am guilty or not ? and if yes, what to do ? 2) Please advice me if wearing a socket while praying is essential or can pray without covering our feet ?,

Fatwa

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Publication Date

2002-04-14

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

2

Data Type

Fatawa

Language

English

Record ID

BIM-725773

American Psychological Association (APA)

Qahf, Mundhir. 2002-04-14. Interest loans to buy a car : an already existing loan for a car. .
https://search.emarefa.net/detail/BIM-725773

Modern Language Association (MLA)

Qahf, Mundhir. Interest loans to buy a car : an already existing loan for a car. 2002-04-14.
https://search.emarefa.net/detail/BIM-725773

American Medical Association (AMA)

Qahf, Mundhir. 2002-04-14. Interest loans to buy a car : an already existing loan for a car.
https://search.emarefa.net/detail/BIM-725773