{"id":2668,"date":"2013-04-21T11:47:08","date_gmt":"2013-04-21T11:47:08","guid":{"rendered":"http:\/\/www.bakkah.net\/en\/?p=2668"},"modified":"2013-04-21T12:17:37","modified_gmt":"2013-04-21T12:17:37","slug":"islamic-ruling-rent-to-own-contracts-not-permissible","status":"publish","type":"post","link":"https:\/\/www.bakkah.net\/en\/islamic-ruling-rent-to-own-contracts-not-permissible.htm","title":{"rendered":"The Islamic Ruling on Rent-to-Own Contracts"},"content":{"rendered":"<p style=\"text-align: center;\"><em>In the Name of Allaah&#8230;<\/em><\/p>\n<p><strong>Shaykh Saalih al-Fowzaan<\/strong> mentions that the <strong>Council of Senior Scholars <\/strong>has studied the modern &#8220;Rent-to-Own&#8221;\u00a0schemes, and\u00a0they have\u00a0ruled that they are impermissible transactions, due to the prohibition of two contracts in one.<\/p>\n<p><strong>Audio:<\/strong>\u00a0<a href=\"http:\/\/www.safeshare.tv\/w\/maZtfNemwq\">http:\/\/www.safeshare.tv\/w\/maZtfNemwq<\/a><\/p>\n<p><strong>Video:<\/strong> <a href=\"http:\/\/www.safeshare.tv\/w\/xetfuzAwnZ\">http:\/\/www.safeshare.tv\/w\/xetfuzAwnZ<\/a>\u00a0(different)<\/p>\n<p>Rent-to-own schemes may also include some so-called &#8220;installment plans&#8221; for\u00a0automobiles and property, where legal ownership remains with the seller until the payments are complete, which is essentially a rent-to-own contract cleverly disguised as an installment plan.<\/p>\n<p>As an important\u00a0reminder, we live in times of widespread deception and corruption,\u00a0so let every Muslim be extremely cautious in how he approaches complex business transactions.<\/p>\n<p><em>Written by: Moosaa Richardson<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the Name of Allaah&#8230; Shaykh Saalih al-Fowzaan mentions that the Council of Senior Scholars has studied the modern &#8220;Rent-to-Own&#8221;\u00a0schemes, and\u00a0they have\u00a0ruled that they are impermissible transactions, due to the prohibition of two contracts in one. Audio:\u00a0http:\/\/www.safeshare.tv\/w\/maZtfNemwq Video: http:\/\/www.safeshare.tv\/w\/xetfuzAwnZ\u00a0(different) Rent-to-own &hellip; <a href=\"https:\/\/www.bakkah.net\/en\/islamic-ruling-rent-to-own-contracts-not-permissible.htm\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94,85,64,180],"tags":[352,429,122,428,427,245,430],"class_list":["post-2668","post","type-post","status-publish","format-standard","hentry","category-commerce","category-fiqh-islamic-rulings","category-original-articles","category-questions-answers","tag-business-transactions","tag-council-of-senior-scholars","tag-fowzaan","tag-installment-plans","tag-rent-to-own","tag-scholars","tag-two-contracts-in-one"],"_links":{"self":[{"href":"https:\/\/www.bakkah.net\/en\/wp-json\/wp\/v2\/posts\/2668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bakkah.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bakkah.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bakkah.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bakkah.net\/en\/wp-json\/wp\/v2\/comments?post=2668"}],"version-history":[{"count":4,"href":"https:\/\/www.bakkah.net\/en\/wp-json\/wp\/v2\/posts\/2668\/revisions"}],"predecessor-version":[{"id":2672,"href":"https:\/\/www.bakkah.net\/en\/wp-json\/wp\/v2\/posts\/2668\/revisions\/2672"}],"wp:attachment":[{"href":"https:\/\/www.bakkah.net\/en\/wp-json\/wp\/v2\/media?parent=2668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bakkah.net\/en\/wp-json\/wp\/v2\/categories?post=2668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bakkah.net\/en\/wp-json\/wp\/v2\/tags?post=2668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}