Application of Ijarah

CIFP Professional Practice root Submission Date: seventeenth Sep 2011 activity OF IJARAH IN motorcar backing IN Saudi ARABIA OSAMA SHERAZ Fleet Customer credit entry pretend Supervisor Aljomaih Automotive Company 0800712 Assigned Supervisor by INCEIF Prof. Abdul Rashid Abdul Kadir Paper submitted to the International Centre for Education in Islamic finance as partial fulfillment of the CIFP program allowance FOR ACADEMIC routine OF WORK BY INCEIF 1. I herewith ALLOW * / do not allow INTERNATIONAL magnetic core FOR EDUCATION IN Moslem FINANCE (INCEIF) to load it in the INCEIFs KMC database and chafe available to INCEIF students for educational purposes 2. I hereby ALLOW * / do not allow INTERNATIONAL gist FOR EDUCATION IN ISLAMIC FINANCE (INCEIF) to load it in INCEIFs website and invent available to general public and students for educational purposes.

Name of assimilator: OSAMA SHERAZ Date: 17-09-2011 TABLE OF CONTENTS OBJECTIVE5 accept FOR car funding5 SAUDI ARABIA elevator carMOTIVE MARKET5 PURCHASING BEHAVIOUR6 customary financing FORBIDDEN IN ISLAM6 ISLAMIC BANKING7 HISTORY7 WHAT IS IJARA8 SOURCES OF constabulary8 * QURANIC usher OF IJARA * THE SUNNAH EVIDENCE OF AL-IJARA9 * CONSENSUS OF JURISTS10 APPLICATION OF IJARA IN SAUDI ARABIA AUTOMOTIVE INDUSTRY10 * TYPES OF IJARA IN KSA AUTO INDUSTRY * Al-Ijarah Muntahiya Bittamleek (IMB): Similar to a Finance Lease11 * Ijarah: Similar to ex gratia Lease12 * Ijarah Muntahiah Bitamleek and Ijarah: Similarities and Differences 13 THE CONDITIONS OF IJARA AUTO! CONTRACT13 * CONTRACTING PARTIES * OFFER AND ACCEPTANCE14 * SUBJECT consider big FEATURES OF IJARA AUTO CONTRACT DIFFERNCE BETWEEN CONVENTIONAL AND ISLAMIC CAR FINANCING16 BASIC DIFFERENCES``15 * LEASING V/S FINANCING * RENTALS V/S INSTALLMENTS...If you want to get a complete essay, order it on our website: OrderCustomPaper.com

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