Buying a car through a lease-to-own contract
Machine translationRead the Arabic original
Question:
Among the questions that are frequently asked is about purchasing cars through a lease that ends with ownership. I have just bought a car; is it now owned by me?
Answer:
You have erred in this, and it is not permissible. This is a sale that is not permissible. A decision was issued by the Council of Senior Scholars years ago, and the decision was circulated and published. Therefore, this is not permissible. So return the car and take your money. Yes.
Among the questions that are frequently asked is about purchasing cars through a lease that ends with ownership. I have just bought a car; is it now owned by me?
Answer:
You have erred in this, and it is not permissible. This is a sale that is not permissible. A decision was issued by the Council of Senior Scholars years ago, and the decision was circulated and published. Therefore, this is not permissible. So return the car and take your money. Yes.
Source
فتاوى على الهواء 05-01-1436هـ — alfawzan.live (46:22)
The Arabic text is a machine transcription of the audio recording.