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['Aalim Network QR] Automobile Leasing and Financing


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|       In the Name of Allah, the Compassionate, the All-Merciful       |\
|  Greeting of Allah be upon Muhammad and the pure members of his House |\
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Assalamu 'alaykum
The following question was answered by Shaykh Mustafa Jaffer.

Salaams & Duas
Ummulbanin Merali - Moderator - 'Aalim Network 
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QUESTION:

What is the proper way of leasing and financing a car. Is it haram to lease
or finance a car through a bank or financial institution. Must all leasing and
financing be done through an Islamic institute.


ANSWER:

It is not Haraam and it does not necessarily have to be done through Islamic
institutions.

With Salaams and Duas

Mustafa 




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