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Time-Share Leasing Contracts
A time-share lease contract is a permissible leasing structure where the lessor leases the same asset to multiple lessees for different...
 
Assigning Of Usufruct By One Lessee To Another In Time-Share Lease Contract
The lessee may transfer the usufruct of the leased asset to another lessee of the same asset with the permission of the lessor. In such a case, the...
 
Timing Of Ijarah
Unless otherwise agreed, an Ijarah contract comes into effect immediately after the conclusion of the contract. It is permissible to defer an...
 
Wrongfulness Of Trading Rental Claims Without Transferring Ownership
Ownership, not the right to claim rent, represents the tradable portion of the certificate. The Shariah permits the trading of assets, not of...
 
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.
 
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...
 
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...
 
Leased Property
The lessor may sell all or part of the leased property to a third party during the lease. The property may only be sold if ownership is also...
 
Making Lessee Liable To Pay Future Rentals Upon Rescission
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...
 


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