Is it permissible to lease a car?
Assalamu alaikum,
Is it permissible in Islam to lease a car?
Basically, I pay $200-$300 per month for a new or a good used car for three years. At the end of the term, I return the car to the owner. It is kind of a long-term rent.
As you know, maintaining a car is expensive in North America, and I don't have the cash to buy a new one. So renting one without thinking about the maintenance can be an interesting option.
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