Leasing a car
Question
Salam,
Is leasing a car halal?
Answer
بسم الله الرحمن الرحيم
الجواب حامدا ومصليا ومسلما
Leasing a car in itself is permissible, provided that there are no other conditions attached to the transaction. If it is conditional that the lessee applies for full coverage insurance as well, it is permissible according to some scholars. However, most scholars deem it impermissible, therefore it would be better to avoid it.
والله اعلم
Allah subhanahu wa ta’ala knows best.
Taha Abdulkareem
Approved by Mufti Husain Ahmad Madani