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13 / 06 / 2026
Buying a Car Through the Military Credit Bank
My husband bought a car through the Military Credit Bank. He agreed with the seller on an amount of 5,500 dinars, and the bank estimated it at 6,000 dinars. The loan was issued for 6,000 dinars, and the car owner is owed 5,500 dinars, with 500 dinars returned to my husband by prior agreement between them. Is the amount of 500 dinars forbidden, and if it is forbidden, how can we deal with it?
Answer
I say, and with God's success: After identifying the car you want with the seller and requesting the bank to purchase it from him, your relationship with the seller ends; because the bank will buy from him and sell to you. Therefore, your agreement with him puts you in a situation of usury, and you must repent and seek forgiveness for the sin. And God knows best.
