What is Ijarah in Islamic banking ? Meaning, Definition, and Example
Ijarah, in Islamic banking, refers to a leasing agreement where the ownership of an asset remains with the lessor, while the lessee is granted the right to use the asset for a specified period in exchange for rental payments.
For complete lecture, visit:https://youtu.be/2DrnnblvL8Q
The Ijarah meaning is rooted in the Arabic word for "to rent" or "to lease," and it represents a key concept in Islamic finance. In the Ijarah system, the lessor is responsible for maintaining the asset, while the lessee is obligated to pay rent for its use.
Ijarah finance is often used to facilitate the acquisition of assets like vehicles, property, or equipment, ensuring that the transaction adheres to Islamic principles, such as the prohibition of interest (riba) and uncertainty (gharar). What is Ijarah? It is a flexible and Shariah-compliant alternative to conventional leasing and financing methods.
#Ijara #Ijarah #IjaraContract #IjarahContract #AIMS #AIMSEducation #Education #elearning #Training #OnlineCourses #WhatIs #OnlineCourses #IslamicBanking #IslamicFinance #ShariahCompliant #IslamicFinancing #IslamicBankingandFinance #Banking #Finance #IslamicStudies #IslamicEducation
Institute of Islamic Banking and Finance
https://aims.education/islamic-banking-and-finance-institute/
Certified Islamic Banker (CIB)
https://aims.education/islamic-banking-certification-courses/
Certified Islamic Finance Expert (CIFE)
https://aims.education/islamic-finance-certification-courses/
Master Diploma in Islamic Finance (MDIF)
https://aims.education/diploma-in-islamic-banking-and-finance/
MBA in Islamic Banking and Finance
https://aims.education/islamic-banking-and-finance-mba-masters-degree/
PhD Islamic Finance
https://aims.education/phd-islamic-finance-and-banking/
Ijarah, in Islamic banking, refers to a leasing agreement where the ownership of an asset remains with the lessor, while the lessee is granted the right to use the asset for a specified period in exchange for rental payments.
For complete lecture, visit:https://youtu.be/2DrnnblvL8Q
The Ijarah meaning is rooted in the Arabic word for "to rent" or "to lease," and it represents a key concept in Islamic finance. In the Ijarah system, the lessor is responsible for maintaining the asset, while the lessee is obligated to pay rent for its use.
Ijarah finance is often used to facilitate the acquisition of assets like vehicles, property, or equipment, ensuring that the transaction adheres to Islamic principles, such as the prohibition of interest (riba) and uncertainty (gharar). What is Ijarah? It is a flexible and Shariah-compliant alternative to conventional leasing and financing methods.
#Ijara #Ijarah #IjaraContract #IjarahContract #AIMS #AIMSEducation #Education #elearning #Training #OnlineCourses #WhatIs #OnlineCourses #IslamicBanking #IslamicFinance #ShariahCompliant #IslamicFinancing #IslamicBankingandFinance #Banking #Finance #IslamicStudies #IslamicEducation
Institute of Islamic Banking and Finance
https://aims.education/islamic-banking-and-finance-institute/
Certified Islamic Banker (CIB)
https://aims.education/islamic-banking-certification-courses/
Certified Islamic Finance Expert (CIFE)
https://aims.education/islamic-finance-certification-courses/
Master Diploma in Islamic Finance (MDIF)
https://aims.education/diploma-in-islamic-banking-and-finance/
MBA in Islamic Banking and Finance
https://aims.education/islamic-banking-and-finance-mba-masters-degree/
PhD Islamic Finance
https://aims.education/phd-islamic-finance-and-banking/
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