Neither interest-based car nor watch financing is permissible, as the loans would fall under qard and the interest therefore under riba. And Allah knows best.
Answered by
Professor/Maulana Naveed
Fruits of knowledge & character building training taught at Prophetic Path.
Have you ever wondered what islam really wants from you?
Have you ever questioned what the end product of islam is?
How is a muslim really supposed to behave?
Is it all just about outward worship or is there more to it?
Contact us
info@propheticpath.co.uk
Muhammadiyah House of Wisdom
33 Ridling Lane, Hyde,
Cheshire SK14 1NP