Question: Assalamualaykum Respected mufti saheb Can a vehicle be purchased on high purchase through a bank with the interest rate fixed throughout the payment period l. Please advise Answer: In the Name of Allah, the Most Gracious, the Most Merciful. As-Salāmu ‘Alaykum Wa-Rahmatullāhi Wa-Barakātuh. Generally, in the conventional arrangement, the bank does not purchase and … Continue reading Purchasing a Vehicle Through a Bank with a Fixed Interest Rate