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Ijarah: Basics Of Liability Distribution
The lessee is liable for damage to the property caused by wear and tear, and other factors within the lessee’s control while the lessor is liable...
The lessee is liable for damage to the property caused by wear and tear, and other factors within the lessee’s control while the lessor is liable...
• Major Maintenance: This refers to the maintenance that is necessary to ensure that...
There are two types of maintenance in an Ijarah:
• Major Maintenance: This refers to the maintenance that is necessary to ensure that...
Ijarah Of Consumable
The leased asset should not be a consumable item, like food, whose quantity reduces with consumption, but rather a durable, like machinery or...
The leased asset should not be a consumable item, like food, whose quantity reduces with consumption, but rather a durable, like machinery or...
Contingent Ijarah
It is not permissible to make the contract of Ijarah contingent on the occurrence of a future event. However, it is permissible to make specific...
It is not permissible to make the contract of Ijarah contingent on the occurrence of a future event. However, it is permissible to make specific...
Islamic jurists have not differentiated between the two. A contract is prohibited if it does not fulfill the requirements of the Shariah, and...
Leasing To Riba-Based Bank
A lease to a bank that is not Shariah-compliant must be avoided because such a lease would directly facilitate in an impermissible act, in this...
A lease to a bank that is not Shariah-compliant must be avoided because such a lease would directly facilitate in an impermissible act, in this...
It is unlawful for a Muslim to aid in the impermissible, and leasing property to a company whose primary business is interest-based would be...
Leasing To Retailers Of Prohibited Items
If the purpose of the lease is purely prohibited, like a bar or a nightclub, then the lease contract is prohibited because the subject of the...
If the purpose of the lease is purely prohibited, like a bar or a nightclub, then the lease contract is prohibited because the subject of the...
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