I'arah

I’arah (loan of a tangible asset) is an alienation of usufruct for free. In other words, i’arah is a gratuitous contract. Thus, it differs from a lease contract because lease is an exchange contract. That means i’arah is of wider parameters than a lease, for there are certain things that can be loaned but cannot be leased. For further details see ISRA Compendium.


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