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21-Nov-2024
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Car Finance Options

Car Finance Options

This in-depth publication explores the various halal car financing options available for Muslims, ensuring that your path to car ownership aligns with Shari’ah principles.

From straightforward cash purchases to hire purchase (HP) agreements and Islamic leasing (Ijārah), the guide outlines the pros and cons of each method while explaining their Shari’ah compliance. It also covers the popular Personal Contract Purchase (PCP) option, offering flexibility to buy or lease, provided that no interest is involved.

Whether you're looking to avoid riba (interest) or seeking advice on responsible spending, this publication equips you with practical and deen-conscious solutions for acquiring a vehicle. It also encourages readers to choose car financing methods that are within their financial means - thereby avoiding unnecessary debt.

Download now to learn about car financing options that support both your faith and finances.

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