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The question

What is the ruling on working for financial leasing companies?

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Source: FtawySummary from Ftawy's records · added here Sep 2, 20261 min readAlso available in العربية
The answer

Dealing with financial leasing companies that sell equipment in installments takes two forms: The first is permissible, which is selling in installments at a higher price than cash without penalty clauses for late payment. The second is forbidden, which involves stipulating the return of the item or a financial increase upon late payment. It is not permissible to work in carrying out this transaction because it involves cooperation in sin, unless the work does not pertain to these deals.

Summary from Ftawy's records · added here

Reviewed by El Fatwa's sharia committee.

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Where this answer came from
Source platform
Ftawy
Original fatwa ID
59782
Added here
. This is when the answer was added to El Fatwa, not the fatwa's date.
Text
Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
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Read the full answer on Ftawy