Ijarah
You are browsing the Ijarah tag archive.
Car Leasing vs Car Ijarah
The major differences between Car Ijarah & Car Leasing are as follows:
Rights & liabilities of Owner v/s User
An Islamic Ijarah is an asset-based contract, i.e. the Lessor should have ownership of the asset during the period of the contract. Under Islamic Shariah, all ownership related rights and liabilities should lie with the owner while all usage-related rights [...]
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