Is there a final amount I need to pay in order to own the asset?

In a lease-to-own agreement, a final payment or a separate transfer of ownership may be part of the structure.

Know its value, due date, and the title transfer document from the outset, and don't assume that the final lease payment automatically equals ownership.

Source

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