You mentioned that leasing with an option to purchase is forbidden, and I have already bought this car. What should I do now, as only a few installments remain?
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The questioner : May Allah reward the honorableThe Shaykh : You mentioned, may Allah preserve you, in yesterday’s Friday sermon that selling a car on installment with a guarantee is forbidden. And I have already bought it.
The Shaykh : Not on installment?
The questioner : And the guarantee, he says.
The Shaykh : No. We mentioned leasing with an option to purchase. Yes.
The questioner : He says: And I have already bought this car, so what should I do now, as only a few installments remain?
The Shaykh : I advise you to pay off these few remaining installments. Then it will be finished, the contract will end, the car will be yours, and you will be safe from its harm and evil. Yes.
The Shaykh : Not on installment?
The questioner : And the guarantee, he says.
The Shaykh : No. We mentioned leasing with an option to purchase. Yes.
The questioner : He says: And I have already bought this car, so what should I do now, as only a few installments remain?
The Shaykh : I advise you to pay off these few remaining installments. Then it will be finished, the contract will end, the car will be yours, and you will be safe from its harm and evil. Yes.