21 Muharram 1441

I get a car on lease and pay £1,000 no refundable deposit and £200 per month for 24 months and give the car back. Is this under Riba?

By admin
In Psychological and Social Problems
Mar 11th, 2014
0 Comments
1176 Views

It appears to me that this is a normal leasing or renting for a period of 24 months. There doesn’t seem anything wrong in it as you are not buying the car but only leasing it.

And Allah knows best

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