[Car leasing]
Fatawa Question
As-Salam `Alaykum Sir, In Pakistan, cars are issued on lease. I want a Fatwa on it ? I hope you will understand after following example. If the price of car is, for instance, 6,00,000 rupees but the bank gives you some relief by giving some extra time (4 or 5 years) to pay ; but demands you to pay 8,00,000 (Pakistani currency which is rupee) in several episodes instead of 6,00,000 rupee on the spot. Is it true to get such car ? Is it Riba free ? Isn't it a matter of rent ? Jazaka Allahu.
Fatwa
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Publication Date
2008-03-12
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-732591
American Psychological Association (APA)
Qahf, Mundhir. 2008-03-12. [Car leasing]. .
https://search.emarefa.net/detail/BIM-732591
Modern Language Association (MLA)
Qahf, Mundhir. [Car leasing]. 2008-03-12.
https://search.emarefa.net/detail/BIM-732591
American Medical Association (AMA)
Qahf, Mundhir. 2008-03-12. [Car leasing].
https://search.emarefa.net/detail/BIM-732591