Islamic Lease Financing (Al-Ijarah)

Mohd Ma’Sum Billah
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Mohd Ma’Sum Billah: King Abdulaziz University

Chapter Chapter 17 in Islamic Financial Products, 2019, pp 227-241 from Springer

Abstract: Abstract The basic meaning of Ijarah is “the contract to use the usufruct of a permissible thing for a known counter value”. Hence, the main subject of Ijarah is usufruct (manfa’ah), and not real object (’ain), taken in lieu of the payment of a countervalue (’iwadh). The term Ijarah is used for two different situations.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-17624-2_17

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DOI: 10.1007/978-3-030-17624-2_17

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