Where does the down payment in a lease go?

The down payment must be clearly described: Is it a refundable security deposit, a deposit, a earnest money payment, or part of the ownership arrangement?

Don't lump all amounts together under the term "down payment." Ask when it will be refunded or deducted, and what happens if the contract ends early.

Source

• AAOIFI — Sharia Standard 9: Ijarah and Ijarah Muntahia Bittamleek