Q: I have been looking around for 0% interest car finance. One of the dealers is offering me a 0% deal where by the car I want is £10,495. I put in a deposit of £2500 and additionally anything the dealer offers for my old car, and then pay a monthly figure of around £164.92 (this […]
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Car finance through Amanah prestige
Q: Can you please tell me if car finance offered through Amanah prestige is halal and shariah compliant? www.amanahprestige.com الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: The car finance offered through Amanah prestige is the conventional form of finance. There does not appear to be any attempt to describe it as Shariah […]
Read more...Islamic Car Finance from “InterestFree4Cars”
Q: Can we buy cars from “Interest Free 4 Cars” company? http://www.interestfree4cars.com/islamic-car-finance-at-interestfree4cars/ الجواب حامدا ومصليا ومسلما ومنه الصدق والصواب A: I have spoken with the company concerned today. I have been informed that the cars are owned by the company and they arrange finance with a conventional finance provider for a period of five […]
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