The Ruling on Purchasing a Vehicle Through a Lease-to-Own System
Machine translationRead the Arabic original
Question:
May Allah reward you. Honorable Shaykh, we received this question just now by fax. The questioner says: Honorable Shaykh Salih, may Allah reward you with the best reward for what you do in answering the questions of the questioners. I intended to buy a car through one of the banking companies under the lease-to-own system. The bank asked me to bring a price quote for the vehicle I want to buy. After that, the bank buys the requested car and sells it to me under the lease-to-own system.
Answer:
This is invalid, my brother. The lease-to-own contract is invalid. A decision was issued by the Council of Senior Scholars years ago forbidding it, and it was circulated and published. So this transaction is not permissible; it is not permissible. Let them fear Allah in themselves and in the Muslims. I declare this and make it known. Yes.
The presenter:
The Shaykh who concluded previous contracts. They are invalid. Yes.
May Allah reward you. Honorable Shaykh, we received this question just now by fax. The questioner says: Honorable Shaykh Salih, may Allah reward you with the best reward for what you do in answering the questions of the questioners. I intended to buy a car through one of the banking companies under the lease-to-own system. The bank asked me to bring a price quote for the vehicle I want to buy. After that, the bank buys the requested car and sells it to me under the lease-to-own system.
Answer:
This is invalid, my brother. The lease-to-own contract is invalid. A decision was issued by the Council of Senior Scholars years ago forbidding it, and it was circulated and published. So this transaction is not permissible; it is not permissible. Let them fear Allah in themselves and in the Muslims. I declare this and make it known. Yes.
The presenter:
The Shaykh who concluded previous contracts. They are invalid. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، حكم شراء المركبة بنظام الإيجار المنتهي بالتمليك – الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.