The ruling on purchasing a car through installment payments ending in ownership

Question:
The questioner asks: What is the ruling on purchasing a car through installment payments ending in ownership?

Answer:
It is not permissible. This combines a sale contract with a lease contract, and every contract has rulings that conflict with the rulings of the other contract. Therefore, this is not permissible. It is obligatory that it be a sale only, or a lease only, and the two must not be combined.
Furthermore, the profit and benefit belong to the seller, while the poor buyer has no share in that. His effort and money are taken, and then he is told he has nothing. The car does not become worth what it is claimed to be, and he is told, "Take it, it is good," when it is worth nothing. This is not permissible. It contains ambiguity, it contains gharar (excessive uncertainty in a contract), and it causes harm to the other party. Yes, one does not know what the car is worth. This is a sale of an unknown item. Yes.

The presenter:
May Allah reward you.