Is Rental Income Halal?
Renting out a car is perfectly fine. There’s no requirement to spend all surplus income. When a pressing need of the society presents itself and we have money to spare in addition to our present and reasonable future needs then we’re required to not hold it back. Other than that earning money through any moral means have no restrictions in Islam. There’s also no restriction on lease to own transactions. This kind of a setup is materially very similar to mortgage. Ghamidi sahab has explained mortgage in a lot of detail in the following videos: Discussion 30863
You’re focusing on one part of Chapter 107 disregarding the entire context. I have explained the context above. Here I’m reproducing the translation of the entire chapter. I encourage you to also read the notes in Al-Bayan. In this chapter an entire personality and behavior is being criticized – not a restriction being placed on renting things out. Quran 107:1-7 Translation by Javed Ahmed Ghamidi / Dr. Shehzad Saleem Have you seen the person who denies the Day of Judgement? He it is who shoves the orphan. And urges not the feeding of the poor. So devastation be to these [priests of the Baytullah]. Who pray being unmindful [to the essence] of their prayers. Who put up a pretentious display [of worship]. And are not even prepared to lend ordinary items of common use to others.