Lease ending in ownership of a car
Machine translationRead the Arabic original
Question:
Honorable Shaykh, may Allah grant you success. He says: What is the ruling on leasing a car with a binding promise by the seller to sell it after the deposits are paid?
Answer:
It is forbidden. This is forbidden. They are not to mess around and play. A lease ending in ownership, a lease ending in a promise of ownership—these are all invalid and ruses. You can sell, or you can lease, my brother, but you do not combine them. But these people exploit the poor. They exploit the poor. They say, "Work hard on this car, and all this and that is ours; in the end, it becomes yours, but with a certain amount." This is deceiving people and consuming people's wealth unjustly and taking their labor. Either it is a lease only, or it is a sale only. Yes.
Honorable Shaykh, may Allah grant you success. He says: What is the ruling on leasing a car with a binding promise by the seller to sell it after the deposits are paid?
Answer:
It is forbidden. This is forbidden. They are not to mess around and play. A lease ending in ownership, a lease ending in a promise of ownership—these are all invalid and ruses. You can sell, or you can lease, my brother, but you do not combine them. But these people exploit the poor. They exploit the poor. They say, "Work hard on this car, and all this and that is ours; in the end, it becomes yours, but with a certain amount." This is deceiving people and consuming people's wealth unjustly and taking their labor. Either it is a lease only, or it is a sale only. Yes.
Source
المنتقى من أخبار سيد المرسلين 18-05-1434هـ — alfawzan.live (1:15:14)
The Arabic text is a machine transcription of the audio recording.