The Ruling on Leasing with an Option to Purchase
Machine translationRead the Arabic original
The Shaykh:
No.
The presenter:
The next prayer.
The questioner:
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on leasing with an option to purchase? Knowing that the company says the contract does not have a final payment as it used to in the past?
The Shaykh:
It is not permissible. A decision was issued by the Council of Senior Scholars that it is forbidden and not permissible, because it is ambiguous between two contracts; it is neither a lease nor a sale. A sale must be definite at the time of the contract; it cannot be ambiguous. This is one aspect. The second aspect is that it combines two different contracts. A lease has its rulings, and a sale has its rulings. Which one takes the rulings of the sale or the rulings of the lease?
So this is not valid. Also, this involves exploiting the poor, exploiting the poor. They take his earnings and so on. In the end, if the car becomes worth nothing, they tell you to buy it. And this is unknown; they do not know what the car will become in the future. This is unknown. If the car deteriorates and breaks down, they say take it, buy it. This is not permissible. Even if they try and say we intended such and such, this is not accepted from them. Either they sell a sale only, or they lease a lease only.
No.
The presenter:
The next prayer.
The questioner:
He says: Honorable Shaykh, may Allah grant you success, what is the ruling on leasing with an option to purchase? Knowing that the company says the contract does not have a final payment as it used to in the past?
The Shaykh:
It is not permissible. A decision was issued by the Council of Senior Scholars that it is forbidden and not permissible, because it is ambiguous between two contracts; it is neither a lease nor a sale. A sale must be definite at the time of the contract; it cannot be ambiguous. This is one aspect. The second aspect is that it combines two different contracts. A lease has its rulings, and a sale has its rulings. Which one takes the rulings of the sale or the rulings of the lease?
So this is not valid. Also, this involves exploiting the poor, exploiting the poor. They take his earnings and so on. In the end, if the car becomes worth nothing, they tell you to buy it. And this is unknown; they do not know what the car will become in the future. This is unknown. If the car deteriorates and breaks down, they say take it, buy it. This is not permissible. Even if they try and say we intended such and such, this is not accepted from them. Either they sell a sale only, or they lease a lease only.
Source
المنتقى من أخبار سيد المرسلين [6] — alfawzan.live (1:06:37)
The Arabic text is a machine transcription of the audio recording.