Ijarah

Ijarah (Leasing): Literally: the reward given for service rendered. It is derived from the root word ajara to recompense, compensate or to give a consideration or return. Ajr (wage) when used in the context of ijarah means the reward given for work or a service, or a compensation given by the lessee for usufruct in a lease contract. An ajir (worker) (pl. ujar') is a person whose labour is the usufruct, i.e., the subject matter of a lease contract. He could also be called musta'jar (hired) or mu'ajjir (lessor), the owner of the leased property. On the other hand, a musta'jir (lessee) is the beneficiary of the services of a worker or of the leased property. Technically: a contract for transfer of ownership of usufruct for compensation. Some said: sale of a known usufruct for a known compensation. Thus, the lease contract belongs to contracts of financial exchange. Scholars agree that leasing is a lawful contract. The majority of jurists rules that a lease is a binding contract, and they stipulated as a condition for its validity that the usufruct and the compensation must be known. With regard to the time that lease contracts become effective, they are classified into three categories: immediately effective leases, leases effective from a future date, and leases made contingent upon a future event. See ISRA Islamic Financial System: Principles and Operations for further details.


Resolution No. 137 (3/15): Sukuk Al-ijarah
A Client Pays Full Rent at the beginning of the Month but Leaves in the middle
A Tenant Requests Early Termination of a Lease Agreement
Appointing Lessee to Buy Insurance on the Leased Asset
Buying an Asset That Is Leased to a Third Party
Can a Building Be Rented Out before It Is Built?
Can a Contractor Sub-Contract a Job?
Can a Fee Be Charged to Transfer a Lease Agreement from One Tenant to Another?
Can a Landlord Give Selective Discounts to Some Renters?
Can a Tenant Cancel a Lease Agreement before Using the Usufruct?
Can One Partner Lease his Half of a Jointly Owned Asset to Another Partner?
Can the Building Owner Pay Tenants to Leave before the Lease Expires?
Can the Lessor Invest the Tenant’s Security Deposit?
Can the Lessor Unilaterally Modify the Lease to Pass on Increased Costs?
Can Usufruct or a Service Be Purchased and Then Resold to a Third Party?
Does the Client or the Contractor Have the Right to the Subcontractors’ Reduction of Charges after the Bid Has Been Accepted?
Does the Manager of a Real Estate Portfolio Have to Pay the Investors Rent for the Use of Office Space in a Portfolio Building?
Financing Interval
Gifting an Asset at the End of a Lease
Hibah In Al-Ijarah Thumma Al-Bai’
Leasing an Asset to Someone Who May Use It for Unlawful Acts
Leasing Combined With Property Development
Insurance Expenses Paid by Lessee
Leasing Fund: Calculating Zakah
Maintenance Expenses: Maximum Allowable Amount
Penalty on Non-Fulfillment of Ijarah
Renting Property to a Non-Muslim Embassy
Selling or Buying Something Leased to a Third Party
Setting the Sale Price of a Hire-Purchase Property before the Sale
Sublease
Using a Brokers to Find a Lessee
When Land Is Rented to Build a Piece of Property upon It, When is the Rental Fee Assessed?
Who Is Liable for Damages to Rental Property?
Zakah on Leased Asset
Some examples of Shariah observations in relation to some conventional Ijara Wa AlEqtina contracts
Estimation of Rent in Ijarah Wa Iqtina
Transfer of ownership in lease ending into ownership
Demonstration of the Sharih origins of Ijarah Wa Iqtina (Lease ending into ownership)
The outcome of lease ending into ownership - Ijarah Muntahia Bittamleek
Types of lease ending into ownership (Ijarah Muntahia Bittamleek)
Features of financial lease
Lease of the leased asset
Group Shariah opinion (Fatwa) on re-lease
Termination of lease
Entitlement in lease
Rules of invalid Ijarah
Provisions of proper Ijarah
Ijarah being binding or not:
Types of Ijarah according to the leased asset:
Maintenance of the leased asset (Ayn)
Lessor and Lessee Consequential Commitments
Rental
Pillars of Ijarah
Description of Ijarah (Charging ruling & Evidence)
Ijarah definition
شراء البنك آليات وتسجيلها باسمه وتأجيرها للغير
شراء البنك آليات وتسجيلها باسمه وتأجيرها للغير
Resolution No: 13 (1/3)[1]: Concerning The Islamic Development Bank’s inquiries
Can a Seller Stipulate That the Buyer Lease the Property to Him after Purchasing It?
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 151st Meeting
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 145th Meeting
The Shariah Advisory Council of Bank Negara Malaysia (the SAC) 140th Meeting
Can Someone Who Finds Clients to Lease Property Charge a Fee for Doing so?
Car Rental Ending in Partial Transfer of Ownership
If the Manager of a New Building Doesn’t Consider Key Money Lawful, but the Owner Does
Is It Allowed to Rent a Building to Employees of an Interest-Based Bank?
Is It Allowed to Rent a Property to an Interest-Based Bank?
RESOLUTION No. 76/7/8: PROBLEMS OF ISLAMIC BANKS
Resolution No. 73: Leasing a specific asset (from a certain party) for a specific period of time and subleasing the same asset to a third party
Resolution No. 107: Leasing out part or all of a piece of property owned by the Corporation
Resolution No. 108: Purchasing leased assets and equipment
Resolution No. 112: The permissibility of transferring the title of the leased property to the lessee and perfecting a lien on the property
Resolution No. 114: The permissibility of the lessee participating in the profit or loss when the leased asset is sold
Can a Building on State-Owned Land Be Sold by Murabahah without the Land It Sits on?
TIME SHARING قرار رقم 170 (8/18) بشأن عقد التملك الزمني
رهن محل تجاري للبنك وتمكينه من الانتفاع بنصف مردود المحل المرهون
Ensuring Proper Separation Of Contracts
Resolution No. 2 (2/2): Concerning Zakah on Real Estate and Non-Agricultural Leased Land
The Seller Stipulates That the Buyer Lease Back the Purchased Item to the Seller
House Purchase by Diminishing Partnership
What is the Ruling on ‘Key Money’?
Lending Someone Money to Pay a Key Money Fee
Can Contests with Prizes Be Used to Encourage Tenants of Properties Owned by an Islamic Bank to Open Accounts with the Bank to Facilitate Rent Payments?
Is It Lawful for the Buyer to Lease an Asset to the Seller after the Sale?
Can the Buyer of a Commodity Lease It Back to the Seller with a Promise to Sell It Back to Him at the End of the Lease Term?
Is it Lawful, after Buying Real Estate, to Rent It Out to Its Previous Owner?
Can an Islamic Entity Buy Real Estate in a Non-Muslim Country if a Tenant Has a Long-Term Lease That Allows It to Sell Alcohol?
Is It Allowed to Stipulate an Option to Either Buy Leased Property at the End of the Lease Period or Renew the Lease?
Can the Rental Fee in a Lease Contract Be Variable if the Amount for Each Period Is Pegged to an Established Standard That Does Not Lead to Dispute?
Can the Lessor Charge the Lessee a Fee for Transferring the Lease to His Name?
Is It Allowed to Invest the Deposit of a Lease Contract?
After Buying Real Estate, Is It Allowed to Appoint the Seller as an Agent to Lease It Out?
Can a Lessor Stipulate that the Lessee Must Bear the Maintenance Costs?
Must the Owner’s Agent Reveal the Owner’s Name to the Lessee in a Lease Agreement?
Can an Equipment Owner Assign an Agent to Manage the Equipment Leasing to Other Parties for an Agreed Agency Fee?
Is it Allowed to Stipulate a Penalty Clause against the Defaulting Lessee in a Lease Contract?
What Is the Rule When the Law of a Country Contradicts the Shari‘ah; e.g., When the Law Imposes Maintenance Costs on the Lessee?
Is It Allowed to Sell, for Deferred-Payment, the Usufruct of Property Purchased by a Long-Term Lease?
Must the Lessee Pay Rent if the Leased Property Is Damaged?
Are Operational Leases and Finance Leases Both Considered Valid Lease Agreements?
Is It Permissible in a Lease Contract to Impose Fees on the Lessee for Ads and Promotions?
Is “Key Money” Lawful When Leasing Shops?
Is It Allowed to Enter into Lease Contracts That Include Penalty Clauses? If So, What Should Be Done with Penalty Fees Collected?
Is It Allowed to Lease Real Estate to Insurance Companies That Offer All Kinds of Insurance?
Is It Permissible to Distribute Profits before They Are Earned?
Is It Allowed to Enter a Lease Contract That Ends with the Purchase of the Leased Property?
Is It Allowed to Buy a Shop from the Lessee and Then Sell It Through Murabahah?
Is It Allowed for the Buyer to Appoint the Seller as an Agent to Lease the Sold Commodity?
Is It Allowed To Lease to the Seller through a Separate Contract from the Sale Contract?
Is It Allowed for a Member of the Board of Directors to Rent a House from the Company He Manages?
Is It Allowed to Sell a Share of Common Property That Has Been Leased Out?
Can Lucky Draw Prizes Be Used as a Marketing Tool?
The Use of Mannequins to Display Clothing
Can a Muslim Property Owner Lease Premises to a Foreign Exchange Company?

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