Recent Questions
-
Permissible and Impermissible
Tawaf
-
Beliefs
Regarding murtad family member
-
Rights
Girl’s name meaning and opinion
-
Permissible and Impermissible
Is it ok to work as a librarian in a...
-
Fasting
Ramadhan/Eid by calculation
-
Zakah
Money to Zakaat eligible person...
-
Zabiha and Hunting
Assalam alikom I'm Mohammad A Niyemy
-
Permissible and Impermissible
Can a muslim woman study at...
-
Marriage and Divorce
Follow up on istikhara dream results
-
Interpretation of Dreams
Results of istikhara dream
Fatwa Answer
Question ID: 1136 Category: Permissible and Impermissible
Leasing vs Financing Car - Permissible Cases
Assalamualaikum,
Please shed more light regarding islamic stance on leasing and financing a car, is any case allowed in islam and the reason behind it.
Jazakallah Khair
الجواب وباللہ التوفیق
In general, Shariah does not allow leasing a car since it involves interest.
But due to payment in installments:
- if the interest is added to the original price of the vehicle to establish the final price.
- if final price of the car remains exact same irrespective of changes in the duration of lease.
When above conditions are satisfied, the lease becomes acceptable.
واللہ اعلم بالصواب