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5

Basically, such a lease is just a contract in which one sells the right to use a product (the car) rather than selling the product itself; in Islamic law such arrangements are known as ijarah. While there are some difference of opinion on the specifics (e.g. defined length of contract or onus of maintenance), ijarah in general is considered permissible by ...


4

The contract is originally a rent contract with one term. The term is after paying all duties(your monthly payment and other things) the landlord will sell it to you by Hiba. This is accepted by all Ulama. Here is the English article about this And If you can read Arabic you go to this book الاجارة المنتهیة بالتملیک و صکوک الاعیان الموجرة/ دکتر منذر قحف ...


3

At a glance, there seems to be no problem in your definition of leasing. You (the customer) pay a rent (in Arabic it means إجارة) on a monthly basis and return the vehicle once you're done with the period. But the reality is not the same. When implemented, leases or ijaarah don't work like this. There is a lot of fraud or cheating taking place and interest ...


2

I'd like to answer your question using a few Hadiths: It was narrated that Abu Hurairah said: "The Messenger of Allah said: 'Gold for gold, weight for weight, like for like; and silver for silver, weight for weight, like for like. Whoever gives more or takes more has engaged in Riba." Sunan an-Nasa'i 4569 It is considered Riba when two identical ...


2

The basic difference Riba and rent is that ... In the case of Riba, the commodity which you were talking about is money, and in the case of rent, the commodity is property. So, profit obtained by renting property is allowed in Islam as opposed to earning profit by renting money, which is lending and earning interest. Hence they're not the same. May the ...


1

Assalamu alaykom, All buy, sell, and rent contract has its own conditions and constraints. sometimes one condition will make the contract haram, for example here in my country Jordan many banks provide rent to buy contracts, the scholars said it's halal for some contracts that was giving by some banks, and it's haram for the other contracts unless they ...


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