Cheap car financing?

[bubble]

Hello friends. i am looking to buy a 1300cc or more or less cc car from bank..which would be best for 5 years lease and i would prefer if the maximum monthly installment is not more than 21000 ...plz tell me which bank is giving interest free or with very low interest for 5 years?

cars i would prefer are :

1)Toyota corolla xli
2)City
3)Lancer
4)Liana
Which one would be better?

[Skyline_Drift_Master]

DON"T GET ANYTHING ON FINANCE!!!!

It's Haram to pay, take or introduce interest. Why open the doors to hell with our own actions????

[bubble]

then wat to do when u cant give 8 9 lacs at once? i clearly said INTEREST FREE or very low interest...

[Skyline_Drift_Master]

VERY LOW INTEREST!!!

A spark is a spark, still can triger fire in the jungle. Very low interest is still an interest and can still lead you to HELL!!!!! Forgod sake, why can't you live without interest haan? People are driving around 4-5 lak rupees worth of cars, why can't you be one of them instead of buying something that you can't afford and take loan on it? No wounder all muslims are de-graded nowadays due to our own mistake. Don't ever forget your religion and the teachings.

[bubble]

...

[Skyline_Drift_Master]

There's nothing to say, just don't get a car or anything on interest and you'll be happily living here and in the hearafter aswell inshallah.

[yasser7610]

Well if financing is haram why doesnt God just give bubble a diamond covered mercedes like you posted on another forum, he's just asking for information on financing its not a crime. bubble the best bank for financing is MCB as far as i know but you do find out elsewhere on your own too.

[Skyline_Drift_Master]

@yasser

If you advice a muslim towards wrong direction, you're casted as partner in crime aswell. Finance is haram ie Paying, taking or introducing interest is haram. So then you do it. Ok you adviced him and now if he does by a car on finance, on the day of judgement Allah will ask you also that you knew it's haram but instead of stoping him from doing it, you guided him the best way to do it. As a muslim, I had to stop him and others and that's what I tried and did. Rest is upto you to follow the intructions according to Islam or do what YOU think is ok.

[lovable]

@ drift_master
dont divert the topic just give him the required info

[Porsche_Maker]

Interest is Haram in Islam whether u r on any side(taking or giving), and Mind it the things which r prohibited in Islam have consequences if u adopt thm. I kept myself on Mehran although on Financing i can get any sedan but its better to Save Money n thn buying some big car and for time go with some small car.

[Skyline_Drift_Master]

@lovable

If you asked me how to pull the trigger and shoot yourself dead. Do you think I'll just tell you how to do it or do you think I'll try to stop you and advice you that what you're doing is wrong?

[afridino1]

ok skyline drift master tell me do u have bank account in uk ? where u working in uk ? why u misguiding people to saying that financing is haram first u are paying installment with profit and if somebody investing his money he wants some profit back so for me its not interst its a profit be realistic or tell me u dont have bank account because without bank account u cant deal in uk and having a bank account maeans that u r handling haram money in your own words my friend.

[Skyline_Drift_Master]

@Afridino1

I agree bank do give you interest but at the end of each year, that interest is calculated and it's taken out and given to someone who will use it to build something and not to feed him/herself or family. I'm a uni student so don't work. I don't care what you think of interest and I'M NOT MISS GUIDING ANYONE HERE!!! Get your facts right. Islam says clearly that Interest is Haram and that's the only truth. Don't care what you think, your thinking doesn't matter here it's only the saying and teaching of Islam that matters.

[afridino1]

go teach yourself first then u talk to somebody else like that if u think u r the only last man who is right than god bless you and those who listen to you and second think a bank is not just a one person why dont you see that bank feeding so many employees and there families so peacefully not like those muslims who explode thereselves for nothing please forgive my words no hard feelings for any body but i think buying a car on payments its not a crime or sin and tell me do u have bank account or not i m so eager to know and wat r u doing in uk man.this country is running on interest go away from here please.

[Skyline_Drift_Master]

Listen. I do have a bank account as I said that I don't take that interest they give, its calculated and it's taken out and given to someone who will use it to build something and not to feed him/herself or family. I'm not saying I'm the last man standing whoes right. As a muslim I had to tell Bubble what's wrong and what's right. I don't buy anything on interest and don't give anything on interest and don't advice anyone to do it aswell. Prove it to me where it saying in Islam that interest isn't haram???

[Skyline_Drift_Master]

@All

Read this

It is Haraam to take a loan on interest as is apparent from the verses of the Quran below:

????? ?????? ????? ?? ?????? ??? ??? ???? ???? ?????? ??????? ?? ???? ??? ????? ????? ???? ????? ??? ????? ???? ???? ????? ???? ?????

Those who take interest will not stand but like the one whom the demon has turned crazy by his touch. That is because they have said “Trading is just like riba”. Allah has permitted trading and prohibited riba. (Verse: 2:275)

?? ???? ????? ????? ????? ???? ????? ?? ??? ?? ????? ?? ???? ?????? .??? ?? ?????? ?????? ???? ?? ???? ??????

O those who believe, fear Allah and give up what still remains if the ‘riba’ if you are believers. But if you do not, then listen to the declaration of war from Allah and his Messenger. (Verse: 2:278,279)

Riba=Interest

Source: http://www.askimam.org/fatwa/fatwa.php?askid=3f51716acbcd8af04cc721317d1ecb65

This website is a proper website of Mufti Ibrahim Desai (from South Africa) so it's not false or anything. Plus Quranic verses can NEVER be false or untrue.

I hope this all clear my point that interest is Haram.

[ali747]

If we go into Islamic details... then we cannot live a reveling life as we are living now...Islam restricts us at every turn of life... Taking everyday example.. ppl install music systems in their rides with woofers at high volumes and irritate other people specially people praying in mosque...I myself heard huge bass in mosque during ramzan taraveh and guy did it almost everyday... so dont be emotional...frist get rid of minor things which we can fairly avoid in our daily life by little effort then avert big issue like interest issue which has developed deep roots in our society. I dont say that I dont listen music but as you people are talking about Islam then this is Islam which demands chastity, restraining from all that stuff, not from interest only.

[bubble]

WHAT WAS THE TOPIC BTW ??

[iftiabbas]

No doubt whether it is difficult or easy, we are bound to live our lives with in Islamic Principles otherwise we have to bear teh consequences. BUT!! car leasing is not haram my brothers because you are getting an asset from some one and paying charges for usage of that asset. Interest is applied in case of loan taken in monetry form. I am not expert but please consult Scholars, most of them allows leasing of assets with charges.

[deel_ee]

@bubble
Sticking to your reqd. info, plz use the finance calculator on this website. its a very comprehensive section and will give you all the details. you can also check out which bank and car to opt for, which insurance company to select, how much downpayment you want to make so monthly installment stays below 21000. Do check it out

On another note, i d like to say that its a burden. A financial burden. You would have paid a lot of money by the end of lease period. Id suggest to stick to a smaller car for the time being and wait till you have enough cash.You have a whole life in front of you so why rushh? but choice is yours:)