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11.Leasing or Ijara

11.Leasing or Ijara

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Published by Daniyal

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Categories:Types, School Work
Published by: Daniyal on Feb 07, 2009
Copyright:Attribution Non-commercial

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05/10/2014

original

 
 
EssentialsEssentialsforforIslamic FinanceIslamic Finance
 
 
 
IjarahIjarah(Leasing)(Leasing)
 
 
DefinitionDefinition
LeasingLeasing
is a contract in which asset isis a contract in which asset istransfers to user for an agreed period on antransfers to user for an agreed period on anagreed considerationagreed consideration
IjarahIjarah
is a lease contract as well as a hireis a lease contract as well as a hirecontractcontract
”.”.Both the contract are similar to eachBoth the contract are similar to each

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