Craig Harris Forex Training - An ijarah lease, like a conventional lease, is an agreement to rent out house or servicesn an ijarah lease the lessor (the person granting the lease) significanttains ownership of the house or service while the lessee (the person to whom the lease is granted) gains use of the house and the resulting profitn conventional financial leasing, the interest payments have to be made to the lessor whether the lessee gains benefit from the residence or notf the residence is damaged through no fault of the lessee's, the interest payments are still payableo the ownership risk does not totally rest in the owner's handsjarahs, on the other hand, clearly distinguish between ownership and usufruct, or the use and profit of a thing, and stipulate that rental rates, unlike interest rates, be known and agreed upon beforehandhe central component of a valid ijarah agreement is the appropriation of risk, precisely the ownership of riskn an Islamic lease, risk associated with the leased ... [Read More : Craig Harris Forex Training]
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