{"_id":"672266baf809463c0a046b34","title":"{\"format\":\"prosemirror\",\"schemaVersion\":1,\"doc\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"attrs\":{\"quillBlock\":{},\"quillNewline\":{},\"quillTerminated\":false,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"Is it permissible to buy down the interest rate on a car loan to 0%, or would that be considered paying interest upfront and therefore still impermissible?\"}]}]}}","question":"{\"format\":\"prosemirror\",\"schemaVersion\":1,\"doc\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"attrs\":{\"quillBlock\":{},\"quillNewline\":{},\"quillTerminated\":false,\"direction\":null},\"content\":[{\"type\":\"text\",\"text\":\"Is it permissible to buy down the interest rate on a car loan to 0%, or would that be considered paying interest upfront and therefore still impermissible?\"}]}]}}","answer":"{\"format\":\"prosemirror\",\"schemaVersion\":1,\"doc\":{\"type\":\"doc\",\"content\":[{\"type\":\"paragraph\",\"attrs\":{\"quillBlock\":{},\"quillNewline\":{},\"quillTerminated\":false,\"direction\":null},\"content\":[{\"type\":\"text\",\"marks\":[{\"type\":\"quillStyle\",\"attrs\":{\"value\":{\"color\":\"#000000\",\"background\":\"transparent\"}}}],\"text\":\"If you can get the seller to roll up the interest into the sale price, then it's permissible because the contract is no longer a riba contract, it becomes a sale contract. Hence, it's a sale and not a loan with interest/riba. This is obviously not ideal, but if you cannot find another way to buy a car and you need one, then it's better to work out a deal like this than get into a haram \"}]}]}}","tags":[{"_id":"668da01b0b76658b4c232e51","tag":"Contemporary Life: Interest","count":35},{"_id":"670712b4b825924c683fcd92","tag":"Loans","count":4},{"_id":"672266baf809463c0a046b32","tag":"Car Loan.","count":2}],"createdOn":"2024-10-30T17:02:50.932Z"}