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Leasing Of An Asset To Multiple Lessees
It is permissible to lease the same asset to more than one lessee. If the lease terms are of identical duration, both lessees are entitled to...
It is permissible to lease the same asset to more than one lessee. If the lease terms are of identical duration, both lessees are entitled to...
A promise to purchase a leased asset should be kept independent of the contract of Ijarah. However, if done separately, it would be permissible to...
Registering Leased Asset In Name Of Lessee
In general, the leased asset is owned by the lessor and should be in his name. However, in certain cases, the asset may be registered in the name...
In general, the leased asset is owned by the lessor and should be in his name. However, in certain cases, the asset may be registered in the name...
It is lawful in an Ijarah to promise to make a gift of the leased asset to the lessee when the lease expires on condition that all payments are...
Reverting Of Part Ownership
It is permissible for the bank to lease automobiles to the company however to revert half the ownership of the cars to the lessee company after...
It is permissible for the bank to lease automobiles to the company however to revert half the ownership of the cars to the lessee company after...
It is permissible for the bank to purchase a leased asset that is already under lease.
The bank as the new owner assumes the...
Leasing Something Not Yet Existent
It is not lawful to lease a building for which detailed architectural plans are drawn but has not yet been constructed as such a lease would be the...
It is not lawful to lease a building for which detailed architectural plans are drawn but has not yet been constructed as such a lease would be the...
Legality Of Ijarah
The Quran states, “And if they suckle your (offspring), give them their recompense.” (Al-Talaq: 6) And the Prophet Muhammad (Allah bless him and...
The Quran states, “And if they suckle your (offspring), give them their recompense.” (Al-Talaq: 6) And the Prophet Muhammad (Allah bless him and...
Lessee’s Liability For Loss
The lessee is responsible only for loss, damage or theft resulting from his own negligence, but not otherwise; it is improper for the lessee to...
The lessee is responsible only for loss, damage or theft resulting from his own negligence, but not otherwise; it is improper for the lessee to...
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