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The question

Is it permissible, in Islamic law, for a company that lacks the financial means to purchase a warehouse it is currently renting, to resort to a financial leasing company to acquire this warehouse, knowing that the original owner has mortgaged it to the bank, which intends to sell it at public auction?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

It is not permissible to purchase a warehouse with a usurious loan from financial leasing companies.

One must resort to permissible methods such as installment purchases or lease-to-own agreements.

If the leased property is sold, its usufruct remains with the lessee until the expiration of the lease term, and the buyer owns the sold item stripped of its usufruct for that period.

Summarized from the full answer at Ftawy · imported

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
102480
Imported
Translation status
Source text, unreviewed
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