Gold Nisab | Silver Nisab | Mahr Fatimi |
---|---|---|
$5218.59 | $501.64 | $1254.09 |
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Mufti Muneer Akhoon
Assalamualaikum,
Please shed more light regarding islamic stance on leasing and financing a car, is any case allowed in islam and the reason behind it.
Jazakallah Khair
الجواب وباللہ التوفیق
In general, Shariah does not allow leasing a car since it involves interest.
But due to payment in installments:
When above conditions are satisfied, the lease becomes acceptable.
واللہ اعلم بالصواب