The company has lent the price at an interest to the buyer

Q 1: A man bought a car from another man as a cash sale, but the buyer did not have the value. Both the seller and buyer went to a company to pay the value fully on behalf of the buyer, and the latter will pay the same in installments to the company in addition to an increase. For instance, if the value of the car is (50,000), the company will pay it to the seller and register (70,000) to be paid by the buyer in installments. What is the legal ruling on this. May Allah reward you. (Part No. 11; Page No. 117

A: This transaction is not lawful, because it means that the company has lent the price at an interest to the buyer. This is outright Riba (usury) that is prohibited according to Allah's Book, the Sunnah, and Ijma` (consensus of scholars); it belongs to the type of Riba Al-Nasi'ah (usury of delay, conditional excess for delay of payment). May Allah grant us success. May peace and blessings be upon our Prophet Muhammad, his family, and Companions.