What is the ruling on purchasing through a lease-to-own contract?
Machine translationRead the Arabic original
Question:
He says: I want to buy a car, and that is through the contract known as lease-to-own. He says: And I am asking about its ruling before that?
Answer:
A decision was issued regarding this ten years ago prohibiting it, stating that it is not permissible. The decision is currently available in print, but these people do not want to abandon what they are doing. The merchants and companies only want to sell and exploit them for their own benefit. I asked about them, and this is not permissible, neither for the seller nor the buyer. Fear Allah, O servants of Allah. This is not permissible. Yes.
He says: I want to buy a car, and that is through the contract known as lease-to-own. He says: And I am asking about its ruling before that?
Answer:
A decision was issued regarding this ten years ago prohibiting it, stating that it is not permissible. The decision is currently available in print, but these people do not want to abandon what they are doing. The merchants and companies only want to sell and exploit them for their own benefit. I asked about them, and this is not permissible, neither for the seller nor the buyer. Fear Allah, O servants of Allah. This is not permissible. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم الشراء بعقد الإيجار المنتهي بالتمليك؟ لمعالي الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.