Is it permissible to lease land and establish a commercial project on it?
Machine translationRead the Arabic original
The questioner : Please. Peace be upon you.
The Shaykh : And upon you be peace.
The questioner : Shaykh Muhammad, may Allah preserve you. What is the ruling on leasing land from a bank and establishing an investment project on it? I mean, the land belongs to the bank. What is the ruling on a citizen leasing it from the bank and establishing a project on it for his own investment?
The Shaykh : There is nothing wrong with it.
The questioner : That is, it is permissible for the citizen.
The Shaykh : It is permissible for him to lease land from the bank that the bank owns.
The presenter : May Allah reward you with good, Shaykh.
The Shaykh : And upon you be peace.
The questioner : Shaykh Muhammad, may Allah preserve you. What is the ruling on leasing land from a bank and establishing an investment project on it? I mean, the land belongs to the bank. What is the ruling on a citizen leasing it from the bank and establishing a project on it for his own investment?
The Shaykh : There is nothing wrong with it.
The questioner : That is, it is permissible for the citizen.
The Shaykh : It is permissible for him to lease land from the bank that the bank owns.
The presenter : May Allah reward you with good, Shaykh.
Source
قناة «فضيلة الشيخ محمد بن صالح العثيمين»، 1897- هل يجوز استأجار أرض واقامة عليها مشرع تجاري /سؤال على الهاتف 📞 /ابن عثيمين — youtube.com
The Arabic text is a machine transcription of the audio recording.