The Majlis Archive

Finance - Banking - Business The Majlis Vol 23 No 09, p.3

A tenant has a lease, but does not occupy the premises.

Question

A tenant has a lease, but does not occupy the premises. Can he sell his right to the lease?

Answer

A tenant has absolutely no right to sell his right to lease. The payment he receives in lieu of this right is pure Riba. Goodwill is not permissible. It is in the category of Riba.

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Published in
The Majlis Vol 23 No 09
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Appears under Questions and Answers (approximate).

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