Is Financing a Car Permissible in Islam?
For Muslims living in the United States, owning a
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© UIF Corporation - NMLS #93460, www.nmlsconsumeraccess.org - Illinois Residential Mortgage Licensee #MB.6760599; IDFPR - Division of Banking MB Examination, 555 W. Monroe St. – Suite 500, Chicago, IL 60661 (888) 473-4858 https://idfpr.illinois.gov/ | Licensed Mortgage Banker LMB 109672—NYS Department of Financial Services | Massachusetts Mortgage Lender License ML93460 | UIF Corporation is not affiliated with any Federal Government Agency. Vehicle financing currently available in Michigan, Ohio, Illinois, and Texas. All home, commercial and vehicle financing transactions are subject to credit approval, verification of application information, and satisfaction of all underwriting conditions and requirements. Restrictions apply. For a complete list of the states in which UIF Corporation is able to provide financing in, please visit www.myuif.com/license-registration.
*UIF Corporation is not a bank but a faith-based subsidiary of University Bank, Member FDIC. Banking services are provided through University Bank, and are subject to approval. Product offers, terms and other information provided herein are subject to change without notice. An early withdrawal provision may be imposed for Time Deposits closed prior to maturity. If your Time Deposit renews automatically at maturity, the profit rate will be the prevailing renewal anticipated profit rate in effect at maturity. Restrictions may apply. Deposit products are FDIC insured up to the maximum allowed.
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