Search Islamic Finance Answers

1,000+ scholar-approved answers and growing...

Withholding Lease Asset In Case Of Default In Lease Rental
Is it permissible for the lessor to withhold the leased asset if the lessee defaults on his lease payments?
It is permissible for the lessor to reclaim the leased asset if the lessee defaults on lease payments, though he would not be required to do so and could grant respite.

ASK AN ISLAMIC FINANCE QUESTION

Each question is reviewed by an Islamic finance expert and approved by a scholar.

Ask Now »

SEARCH ISLAMIC FINANCE Q&As

Browse one of the world's largest database of Islamic finance Q&As available online.

View details »

What’s New at Ethica

Press releases, live events, book recommendations, discount offers, and more

View details »