{"id":10702,"date":"2018-11-22T17:18:15","date_gmt":"2018-11-22T17:18:15","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/?p=10702"},"modified":"2018-11-22T17:18:32","modified_gmt":"2018-11-22T17:18:32","slug":"is-it-allowed-for-me-to-purchase-a-new-taxi-by-using-a-pcp","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/is-it-allowed-for-me-to-purchase-a-new-taxi-by-using-a-pcp\/","title":{"rendered":"Is it Allowed for me To Purchase a New Taxi By using a PCP"},"content":{"rendered":"<p style=\"text-align: right;\">\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><strong>Fatwa ID: 02660<\/strong><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><strong>Answered by:&nbsp;Aalimah Sabrina Saidova<\/strong><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><strong>Question:<\/strong><\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">Assalamu alaikum,<\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">I&#39;m in the process of purchasing a new taxi.<\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">To finance it, is it allowed for me to do a PCP.<\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">Minimal deposit followed by 5 years of instalments. After 5 years if I want to keep vehicle I pay a balloon payment. If I don&#39;t pay the balloon payment I just return the keys .<\/span><\/span>\n<\/p>\n<p align=\"center\">\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><strong>\u0628\u0650\u0633\u0652\u0645\u0650 \u0627\u0644\u0644\u0647\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0652\u0645\u0646\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0650\u064a\u0652\u0645<\/strong><\/span><\/span>\n<\/p>\n<p align=\"center\">\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\"><strong><u>In the name of Allah, the Most Gracious, the Most Merciful.<\/u><\/strong><\/span><\/span>\n<\/p>\n<p>\n\t&nbsp;\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">The transaction has a fixed price for the car, and thereafter it is divided into yearly instalments as you use it and then finally, a final &ldquo;balloon&rdquo; payoff is required or a total cancellation. There is no involvement of interest, gambling etc., therefore this type of transaction will be permissible for you to engage in.<\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">And Allah knows best<\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">Answered by Aalimah Sabrina Saidova<\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">Checked and approved Mufti Mohammed Tosir Miah<\/span><\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\"><span style=\"font-family:verdana,geneva,sans-serif;\">Darul Ifta Birmingham<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fatwa ID: 02660 Answered by:&nbsp;Aalimah Sabrina Saidova Question: Assalamu alaikum, I&#39;m in the process of purchasing a new taxi. To finance it, is it allowed&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/10702"}],"collection":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=10702"}],"version-history":[{"count":1,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/10702\/revisions"}],"predecessor-version":[{"id":10703,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/10702\/revisions\/10703"}],"wp:attachment":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=10702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=10702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=10702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}