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Understanding Ijarah
Fair Meridian
booklet61 pages
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What's inside Understanding Ijarah
- What Ijarah means and the two main forms it takes
- The Quranic and Hadith basis for hiring and leasing in Islamic law
- AAOIFI Shariah Standard No. 9 and the required elements of a compliant lease
- Why rent cannot begin before an asset is delivered
- Who bears maintenance and ownership risk in a genuine Islamic lease
