The Official Website of the Office of His Eminence Al-Sayyid Ali Al-Husseini Al-Sistani

Question & Answer » Buying & Selling

1 Question: What is the Islamic law about buying a car on installments? Many auto companies and authorized car selling agencies sell new and used cars on installments. Thus, when customers go to buy those cars, the companies refer them to certain institutions such as banks and insurance companies. The companies get back the capital as well as the interest in monthly installments stretched over a number of months or years. If someone fails to pay his installments on time, the company overcharges the defaulter. The interest rate is determined on the basis of certain important factors such as the client's turnover, amount of income or timely-repayment of installments. The amount of interest generally paid is 4%, 3% or 5% or more or less. What is the Islam law with regard to buying a car on monthly installments keeping in view the foregoing details?
Answer: If the loan providing companies first buy the cars from the agencies and then sell them to customers on installments with some increase (interest) as part of the prices of the cars, the transaction is in order. Indeed, if a penalty is imposed due to a customer failing to make payment on time, it is forbidden (harām).
And if it means that the companies or agencies themselves sell the cars to customers, and in return the loan providing company gives the price of the cars to their manufacturers or agencies, and receives more money on installments from the customer, it is forbidden.
2 Question: What is your ruling on buying and playing lottery tickets and other such games of chance?
Answer: It is not permissible.
3 Question: What is the fatwa about selling meat of a dead animal to non-Muslims.
Answer: If it has any halal benefit, there is no problem in selling it.
4 Question: I know there is a company which is helping Israel monthly. What is the fatwa about working in such a company and purchasing its products?
Answer: There is no permission as to dealing with Israeli products and products of companies which are known to be supporting Israel in an effective way.
5 Question: Can a Muslim buy or sell wine or pork to non-Muslims? What is the fatwa on the income one gets by doing such a job?
Answer: It is not permissible to sell these things and the income is not halal.
6 Question: Is it permissible to buy a carving or statue of a human being or an animal, male or female, for decoration?
Answer: There is no problem in buying and selling it, however carving and making a statute of a human or animal is not permissible (obligatory precaution).
7 Question: Is it haram or makrooh (reprehensible) to work on Ashura, Tasooa, and the days of the martyrdom of the Ahlulbayt (as)?
Answer: It is befitting for shopkeepers to shut down their shops and close their businesses on the occasion of the martyrdom of the Ahlul-Bayt, peace be upon them. In fact, if keeping shops open is considered disrespectful to the Ahlul-Bayt, peace be upon them, it is necessary to avoid doing so.
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