Mufti Online — Madrasah Ta'leemuddeen

Buying a car on interest

· 10 Safar 1436 AH1 min readEnglish

Question

I bought a car of Rs312000 by bank finance now I have to pay the bank Rs 453000. Rs 5300 per month upto 7 years. Now I realised that I have committed a great sin and every moment I am in tension because of this sin and I have no means to pay the whole amount as early as possible. Now what should I do for attainment of this sin.

Answer

Sincerely repent for getting involved in the grave sin of riba and make a firm resolve that you will not repeat this sin in the future. Pay off the loan as quick as possible.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Zakaria Makada
Checked & approved by
Mufti Ebrahim Salejee (Isipingo Beach)
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Source: Mufti Online — Madrasah Ta'leemuddeen — https://muftionline.co.za/node/8484
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