Salaam,I wanted to ask about lease options. To quickly explain, this is where someone who has already bought a house with a mortgage (usually interest based) will lease their house to me and I basically pay rent. In the agreement me and the owner of the property will agree on How long i can lease this house before i have the option buy it. Would this be halaal for me despite the owner of the house is paying riba based mortgage?
Personal Finance Question: Lease options. Halaal? Haraam?
May Allah bless you.
Your lease contract with the owner of the house is not connected to their mortgage contract i.e. the fact they are paying interest on the house is not your responsibility.
And Allah knows best!