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Is car leasing permissible in Islam?

Answered as per Hanafi Fiqh by ShariahBoard.org

Assalamualaikum,

Is car leasing permissible in Islam?

 

الجواب وباللہ التوفیق

It is permissible to get a car on lease staying in the Shara’i limits but most of the matters related to lease are impermissible and interest-based. It is necessary to avoid them. Ask the fatwa by elaborating what kind of lease agreement you are getting into.

واللہ اعلم بالصواب

This answer was collected from Shariahboard.org. It was established under the supervision of the eminent faqih of our era, Hazrat Shah Mufti Mohammed Navalur Rahman damat barakatuhum.

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