The Ruling on Selling a Car Through a Hire-Purchase System
Machine translationRead the Arabic original
Question:
Salim asks: What is the ruling on selling a car under the system of hire ending in transfer of ownership?
Answer:
This is not permissible, because it is neither a sale nor a lease, but rather a mixture of the two. Also, the car’s ultimate fate is unknown; it is unknown what it will end up as. This is a sale of an unknown item; it may be left with nothing of value, or it may become severely defective. This is a matter of risk and ignorance, and it is not permissible. A decision was issued regarding this by the Committee of Senior Scholars more than ten years ago, prohibiting this contract. Yes.
Salim asks: What is the ruling on selling a car under the system of hire ending in transfer of ownership?
Answer:
This is not permissible, because it is neither a sale nor a lease, but rather a mixture of the two. Also, the car’s ultimate fate is unknown; it is unknown what it will end up as. This is a sale of an unknown item; it may be left with nothing of value, or it may become severely defective. This is a matter of risk and ignorance, and it is not permissible. A decision was issued regarding this by the Committee of Senior Scholars more than ten years ago, prohibiting this contract. Yes.
Source
75-لقاءات مع الشيخ صالح الفوزان - 07- — archive.org (32:53)
The Arabic text is a machine transcription of the audio recording.