Pledging the Sold Item and the Lease Ending in Ownership
Machine translationRead the Arabic original
The questioner:
He says: Honorable Shaykh, may Allah grant you success. In the author's (may Allah have mercy on him) statement, "It is permissible to pledge the sold item," does this include the issue of the lease ending in ownership?
The Shaykh:
No, this does not serve as a substitute for a lease ending in ownership. They said that if the seller fears that the buyer will not pay, he resorts to a lease ending in ownership. They said that instead of this, he should sell it to him in a sale that is not a lease; he sells it to him and takes the car as a pledge from the buyer until he pays. This is a substitute for a sale ending in ownership. Yes.
The presenter:
You.
The Shaykh:
And Allah the Exalted knows best, and may Allah send prayers and peace upon our Prophet Muhammad and upon his family and peace be upon them.
He says: Honorable Shaykh, may Allah grant you success. In the author's (may Allah have mercy on him) statement, "It is permissible to pledge the sold item," does this include the issue of the lease ending in ownership?
The Shaykh:
No, this does not serve as a substitute for a lease ending in ownership. They said that if the seller fears that the buyer will not pay, he resorts to a lease ending in ownership. They said that instead of this, he should sell it to him in a sale that is not a lease; he sells it to him and takes the car as a pledge from the buyer until he pays. This is a substitute for a sale ending in ownership. Yes.
The presenter:
You.
The Shaykh:
And Allah the Exalted knows best, and may Allah send prayers and peace upon our Prophet Muhammad and upon his family and peace be upon them.
Source
الفوزان -أشرطة- شرح زاد المستقنع مع الأسئلة - 053-السلم والرهن والقرض - 9-8-23 هـ — archive.org (1:28:16)
The Arabic text is a machine transcription of the audio recording.