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Advanced Deposits
It is permissible to pay an advanced deposit to the lessor, but it is impermissible for the deposit to be withheld by the lessor if the lessee...
 
Status Of Advance Payment By Lessee In Contract Of Ijarah Involving Gradual Sale
Advance payment by the lessee in such a contract is considered a trust which the lessee gives in order to convey his seriousness to fulfill his...
 
Ijarah Of Asset Providing No Independent Utility
It is permissible to lease assets that are not capable of giving benefit as independent units – such as machinery parts which do not function...
 
Benchmarking Ijarah Rentals
This relates to whether it is permissible to omit specifying the Ijarah rentals at the time of executing the contract; instead, agreeing on an...
 
Cancelling Rental Done By Mutual Consent
It is impermissible for the tenant or the owner to cancel the rental contract before the expiration of the rental period without the consent of the...
 
Events Resulting In The Cancellation Of The Lease Agreement
The lease agreement is cancelled if:

1) the tenant or the owner pass away;
2) the tenant or the owner agree to cancellation;...
 
Period Of Lease Begins With Delivery Of Property Or Service
The lease itself, and the obligation of rent, begins with the delivery (and usability) of the leased property or service, not with the finalization...
 
Beginning Of Lease Is Subject To Property Or Service Delivery
The lease, which may even be fixed for a future date, commences with the delivery (and usability) of the leased property or service.
 
Commencement Of The Lease
The lease, and the resultant rental obligation on the lessee, commences according to the contract, not according to usage, provided the leased...
 
Restrictions On Rental Usage
The owner is entitled to specify how the property may or may not be used or the rented service conducted.
 


Disclaimer: Although care has been taken in preparing the information contained in this Q&A database, Ethica Institute of Islamic Finance cannot guarantee the accuracy thereof. Anyone using the information does so at their own risk and shall be deemed to indemnify Ethica Institute of Islamic Finance from any and all injury or damage arising from such use. One should double check with a qualified scholar to see whether the Q&A applies to one's particular situation.

 

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