Buying bank repossessed cars

· 9 Dhuʻl-Qiʻdah 1442 AH1 min readEnglish
Business and DealingsTradePermissible and impermissible items of trade

Question

Is it permissible to buy a bank repossessed car from a company that deals with those kind of cars before the cars go to the auctions. They are sold at a much cheaper price.

Answer

It is permissible.

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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