What is the ruling on leasing that ends in ownership?
Machine translationRead the Arabic original
The questioner : May Allah reward you, esteemed Shaykh. What is the ruling on buying a car on installments?
The Shaykh : Buying a car?
The questioner : On an installment plan.
The Shaykh : What is the installment plan?
The questioner : That it is paid in 42 months...
The Shaykh : Huh?
The questioner : That it is paid in 42 months, O Shaykh.
The Shaykh : Let him pay in installments as he wishes.
The questioner : On a leasing plan, O Shaykh.
The Shaykh : Tell me, what is the ruling on leasing that ends in ownership? Is that what you mean?
The questioner : Yes, yes, O Shaykh.
The Shaykh : This issue is currently under review by the Council of Senior Scholars in Saudi Arabia, and I believe they will issue a ruling on it and it will be followed. Do not use it now; wait for the ruling, which will be issued soon, if Allah wills.
The Shaykh : Buying a car?
The questioner : On an installment plan.
The Shaykh : What is the installment plan?
The questioner : That it is paid in 42 months...
The Shaykh : Huh?
The questioner : That it is paid in 42 months, O Shaykh.
The Shaykh : Let him pay in installments as he wishes.
The questioner : On a leasing plan, O Shaykh.
The Shaykh : Tell me, what is the ruling on leasing that ends in ownership? Is that what you mean?
The questioner : Yes, yes, O Shaykh.
The Shaykh : This issue is currently under review by the Council of Senior Scholars in Saudi Arabia, and I believe they will issue a ruling on it and it will be followed. Do not use it now; wait for the ruling, which will be issued soon, if Allah wills.