sanmaali123

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2024-06-07 07:09:15

Cars24_Dubai_2024_Bad experience.

When you were in their office and some sales rep is explaining the process to you including this “token fee” of 500 AED, didn’t they tell you that if ever you would not be proceeding with the purchase then they would refund the whole token fee?

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The refund will be initiated for two reasons: either the bank rejects the loan application, or another buyer purchases the car with full cash or bank approval before I do.

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But a lot of scholar’s that I have researched say that the process of financing in itself is haraam because the banks agree to sell you something that they’re not in possession of. As well as the fact that they’re taking a commitment from you to buy something beforehand, basis on which they’re purchasing the vehicle from the dealer.

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I agree with you.I am withdrawing my opinion.

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