National Shari'a Board - Indonesian Council of Ulama Fatwa No. 27 of 2002 on Al-Ijarah Al-Muntahiyah Bi Al-Tamlik

This fatwa mandates that a party seeking to execute an al-Ijarah al-Muntahiah bi al-Tamlik agreement must first execute an Ijarah agreement, noting that an agreement to transfer ownership, either via a sale-purchase agreement or a gift, can only be executed after the Ijarah term has come to an end.

FirstPreviousPage 1 of of 4NextLast