shunyataxfinJul 15, 20234 min readIslamic Finance Rules of Leasing - Ijarah. Leasing is a contract whereby the owner of something transfers its usufruct to another person for an agreed period, at an agreed...
shunyataxfinJul 15, 20235 min readIslamic Finance Leased Asset - Residual ValueAnother important feature of the modern ‘financial leases’ is that after the expiry of the lease period, the corpus of the leased asset...
shunyataxfinJul 14, 20234 min readIslamic Finance Ijarah as a Mode of FinancingLike murabahah, Ijarah was not originally a mode of financing. It is simply a transaction meant to transfer the usufruct of a property...