Title: Can I buy an old bike or car which is initially bought on loan by first or second owner?

Question: Can I buy an old bike or car which is initially bought on loan by first or second owner?

Answer ID: 157087Posted on: Sep 1, 2020

Bismillah hir-Rahman nir-Rahim !

(Fatwa: 313/267/D=3/1439)

Yes, you may buy the bike from that owner who first bought it on loan provided he has paid the loan himself or he takes the responsibility to pay it.