Car lease on hire purchase : quoting interest in car leasing
Fatawa Question
Dear Br. Kahf, I hope you are doing well. I have a question re : leasing a car. Is it permissible in Islam. When I talk to the dealers about leasing they quote a certain money factor and the usual company approving a lease is either a bank or a financial institution. I worry if this contract has anything similar to interest or Riba. Can you comment about this situation based on your understanding ? Jazakum Allahu Khairan Farhan
Fatwa
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Publication Date
2011-08-03
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-732520
American Psychological Association (APA)
Qahf, Mundhir. 2011-08-03. Car lease on hire purchase : quoting interest in car leasing. .
https://search.emarefa.net/detail/BIM-732520
Modern Language Association (MLA)
Qahf, Mundhir. Car lease on hire purchase : quoting interest in car leasing. 2011-08-03.
https://search.emarefa.net/detail/BIM-732520
American Medical Association (AMA)
Qahf, Mundhir. 2011-08-03. Car lease on hire purchase : quoting interest in car leasing.
https://search.emarefa.net/detail/BIM-732520
