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 venture Supervisor Aljomaih Automotive Company 0800712 Assigned Supervisor by INCEIF Prof. Abdul Rashid Abdul Kadir Paper submitted to the International Centre for Education in Muslim finance as partial fulfillment of the CIFP program permit FOR ACADEMIC routine OF WORK BY INCEIF 1. I herewith ALLOW * / do not allow INTERNATIONAL kernel 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 revolve around 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 lack FOR car pay5 SAUDI ARABIA automobileMOTIVE MARKET5 PURCHASING BEHAVIOUR6 customary financial support FORBIDDEN IN ISLAM6 ISLAMIC BANKING7 HISTORY7 WHAT IS IJARA8 SOURCES OF constabulary8 * QURANIC tell apart 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 nonobligatory Lease12 * Ijarah Muntahiah Bitamleek and Ijarah: Similarit ies and Differences 13 THE CONDITIONS OF IJ! ARA AUTO CONTRACT13 * CONTRACTING PARTIES * OFFER AND ACCEPTANCE14 * SUBJECT issuing 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 secure essay, order it on our website: OrderCustomPaper.com

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