Being the owner of a vehicle when purchasing it on HP

Q: A vehicle was purchased on HP (hire to purchase). The bank still holds the log book. Is the purchaser considered to be the owner? Can he sell the vehicle?

A: Yes, he can sell it. He should let the purchaser know about the logbook to avoid any dispute thereafter.

And Allah Ta'ala (الله تعالى) knows best.

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)