Simplified Shariah Structures Guide: Ijarah

In this simple guide, we will look at the following: What is Ijarah? Key requirements of Ijarah Applications of Ijarah 1. What is Ijarah? Ijarah is simply a Shariah lease. Ijarah is almost identical to an operating lease which involves the owner of the asset transferring the Manfa’ah (utility) of the asset to another person […]
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Simplified Shariah Guide on Timeshares

This simplified guide looks at timesharing and the Shariah considerations of the different forms of timesharing. What is time-sharing? Timeshare allows a person to buy the use of a holiday home for the same week or weeks every year. This concept is a fraction of the price of owning it all year-round. It also takes away […]
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