Published 5 years ago
Last updated 5 years ago
Q: When we take a car on loan from a bank and we pay extra money which is above the car price, is it permissible?
A: It is not permissible to take an interest bearing loan from the bank to purchase a car. The hadith has cursed the one who has any involvement with interest.
And Allah Ta'ala (الله تعالى) knows best.
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