4 Jumada al-Awwal 1443

Regarding the car purchased on installments from Abdul latif Jameel, a person paying installment sells me the car. His last payment is pending. He makes a deal with me and I give him last payment. He pays it. This is done with the consent of the actual owner Abdul Lateef Jameel, & they will transfer car ownership to my name directly. is this transaction halal for buyer? if not is it riba?

By Admin
In Islamic Economy
Jul 20th, 2020
0 Comments
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ANSWER:

This is not permissible as he is selling what he doesn’t possess.

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