Car Finance

· 7 Jumada I 1438 AH1 min readFatwa 37628English
Finance and Commerce

Question

I am having car finance from Dubai Islamic Bank under Mohraba for 5 years.

I am planning to go Umrah in November 2017 and I'm paying installment without any delay. Pls suggest it is allowed or not.

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

Kindly forward us the details of this car finance for us to issue a ruling.

And Allah Ta’āla Knows Best

Imran Patel

Student Darul Iftaa

Zambia

Checked and Approved by,
Mufti Ebrahim Desai.

Answered by
Imran Patel
Checked & approved by
Mufti Ebrahim Desai
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