The System of Leasing Ending in Ownership

Question:
What is the ruling on buying a car through the system of leasing ending in ownership, which is done by car dealerships or banks?

Answer:
And what is the aspect of permissibility in it? The Shaykh: There is no permissibility in it. Leasing ending in ownership is forbidden; there is no permissibility in it. This is because it combines two contracts in one: a lease contract and a sale contract. Each contract has its own rulings and conditions, and these two do not combine. It contains error and ignorance, and it is not known what the item will end up being worth later. It may become used or its value may decrease until it is worth nothing. This is the sale of the unknown, where its outcome and fate are not known. A fatwa has been issued, indeed a decision has been issued, by the Council of Senior Scholars that this is a forbidden contract. Leasing ending in ownership is a forbidden contract. Yes.