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Lease Period
The lease, which may even be fixed for a future date, commences with the delivery (and usability) of the leased property or service.
The lease, which may even be fixed for a future date, commences with the delivery (and usability) of the leased property or service.
Cancelling Rent
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...
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...
It is impermissible to include any clause that forces the lessee to pay all remaining rentals in the event of rescission. The proper procedure is...
Rent In An Ijarah
It is impermissible to include any clause that forces the lessee to pay all remaining rentals in the event of rescission. The proper procedure is...
It is impermissible to include any clause that forces the lessee to pay all remaining rentals in the event of rescission. The proper procedure is...
Security In An Ijarah
The promise of the lessee to enter into a contract after the arrival of the asset is secured by the payment of a deposit known as the Haamish...
The promise of the lessee to enter into a contract after the arrival of the asset is secured by the payment of a deposit known as the Haamish...
Rulings On Title Of Ownership Of Leased Assets
Upon acquiring an asset, particularly for the purpose of an Ijarah Muntahayya bi Tamleek, the bank assumes the title of ownership. When the lease...
Upon acquiring an asset, particularly for the purpose of an Ijarah Muntahayya bi Tamleek, the bank assumes the title of ownership. When the lease...
It is lawful for the bank to sell the leased equipment and supplies to a new buyer since doing so does not affect the lease contract. Ownership of...
Demanding Payment Prior To Asset Delivery
It is not lawful for the lessor to demand any payment from the lessee before the asset of lease is delivered to him and he is able to benefit from...
It is not lawful for the lessor to demand any payment from the lessee before the asset of lease is delivered to him and he is able to benefit from...
Conditions For A Sublease
The usufruct of an asset may only be subleased by the lessee with the owner’s consent. The revenue generated by the sublease is distributed among...
The usufruct of an asset may only be subleased by the lessee with the owner’s consent. The revenue generated by the sublease is distributed among...
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