The Ruling on Buying Cars Through a Lease-to-Own System
Machine translationRead the Arabic original
Question:
This questioner says: Shaykh, what is the ruling on buying cars under the lease-to-own system?
Answer:
This is not permissible; because it combines two different contracts, each contract having rulings that differ from the rulings of the other contract. Also, this sale is contingent on the future, and a contingent sale is not permissible; rather, it must be immediate. A decision was issued by the Council of Scholars prohibiting this transaction, but many people do not refrain from this matter, especially those with greed among companies and merchants; they do not respond to the statement and warning about these matters as long as there is greed for them in it.
The presenter:
May Allah reward you with good,
This questioner says: Shaykh, what is the ruling on buying cars under the lease-to-own system?
Answer:
This is not permissible; because it combines two different contracts, each contract having rulings that differ from the rulings of the other contract. Also, this sale is contingent on the future, and a contingent sale is not permissible; rather, it must be immediate. A decision was issued by the Council of Scholars prohibiting this transaction, but many people do not refrain from this matter, especially those with greed among companies and merchants; they do not respond to the statement and warning about these matters as long as there is greed for them in it.
The presenter:
May Allah reward you with good,
Source
نور على الدرب - الفوزان - 03/214 — archive.org (10:52)
The Arabic text is a machine transcription of the audio recording.