What is the ruling on purchasing a car for a media services company through a long-term lease-to-own contract, knowing that this contract is not free of the suspicion of usurious dealings?
Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 2026
Leasing ending in ownership has permissible and impermissible forms. Among the permissible forms is a lease contract that enables the lessee to utilize the asset in exchange for a known rent and for a known period, accompanied by a contract of gift of the asset to the lessee, contingent upon the full payment of the rent, either through an independent contract or a promise of gift after the rent is paid. The European Council for Fatwa and Research has permitted long-term car leasing that ends with the option to keep the car at an agreed-upon price or return it, without considering the interest that the lessor takes into account in the rent.
Summarized from the full answer at Ftawy · imported
Read the full answer on Ftawyhttps://ftawy.com/en/questions/189078
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- Ftawy
- Original fatwa ID
- 189078
- Imported
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- Source text, unreviewed
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