[Buying a car at zero interest]

Fatawa Question

I went to a car dealer and I wanted to buy a car with 0 % financing but the dealer said since the car I want can't go with 0 % financing, they will finance the car and will pay the 1.9 % finance on behalf of me and I will end up paying for the car without interest while the dealer pays the interest on behalf of me. Is this way of buying the car Halal ?

Fatwa

Click hereto view more

Publication Date

2012-04-30

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-733157

American Psychological Association (APA)

Qahf, Mundhir. 2012-04-30. [Buying a car at zero interest]. .
https://search.emarefa.net/detail/BIM-733157

Modern Language Association (MLA)

Qahf, Mundhir. [Buying a car at zero interest]. 2012-04-30.
https://search.emarefa.net/detail/BIM-733157

American Medical Association (AMA)

Qahf, Mundhir. 2012-04-30. [Buying a car at zero interest].
https://search.emarefa.net/detail/BIM-733157