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The question

What is the ruling on assigning a lease-to-own car to another party, and what are the consequences of not paying the installments?

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

Leasing-to-own has শরীয়াহ (Islamic legal) regulations. The leased item is not owned by the lessee, and the installments paid are rent, not a price. It is impermissible to dispose of the car by selling it before owning it, but it is permissible to lease it to others under the same conditions or more favorable ones. If the lessee fails to fulfill the contract, the leasing entity has the right to demand its due.

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
111290
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