Car financing by Islamic banks and the issues of title : buying a car through Islamic bank’s contract
Fatawa Question
Salaams Pls. Dr. Monzer, help replying the following question : Respected Scholars Assalamu Alaykum, currently I am using a 7 year old Car. I would like to buy a new car by arranging an Islamic Finance, at the same time I don’t want to use even an Islamic Finance if there is 1 % of doubt in that. I am ready to wait till I have enough cash to buy the new car. Please advise me on this. I live in Dubai and as you know there are so many Islamic banks are here. Thanks and regards, Salaams
Fatwa
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Publication Date
2008-11-25
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
- Islamic jurisprudence
- Management
- Derivative securities
- Financing
- Purchasing
- Automobiles
- Resale on profit
- Ownership
- Islamic Banks
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-730769
American Psychological Association (APA)
Qahf, Mundhir. 2008-11-25. Car financing by Islamic banks and the issues of title : buying a car through Islamic bank’s contract. .
https://search.emarefa.net/detail/BIM-730769
Modern Language Association (MLA)
Qahf, Mundhir. Car financing by Islamic banks and the issues of title : buying a car through Islamic bank’s contract. 2008-11-25.
https://search.emarefa.net/detail/BIM-730769
American Medical Association (AMA)
Qahf, Mundhir. 2008-11-25. Car financing by Islamic banks and the issues of title : buying a car through Islamic bank’s contract.
https://search.emarefa.net/detail/BIM-730769
