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Ijara - How To Discuss

By Isabella Ramos |

Ijara,

Definition of Ijara:

  1. An exchange transaction applicable in Islamic regions. It is trading a specified asset available in for a payment where the ownership of the asset is not transferred. This is similar to a type of mortgage loan with no requirements for down payment, such as a rent-to-own arrangement in the United States.

Meaning of Ijara & Ijara Definition