If the bank sells the asset during the lease, what happens to my contract?

If the landlord changes during your lease, your contract and rights to use the property must remain clear.

Do not transfer rent to a new landlord based on a phone call or message; request formal notification specifying who the new landlord is and where payments should be made.

Source

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