What Does Ijara (Lease) Mean in Arabic?
إِجَارَة
ijara
Root: أ ج ر
Ijara (Lease) Ijara is an Islamic contract of lease or hire, allowing the use of an asset or service for a specified period in exchange for payment. It is widely used in Islamic finance as a riba-free alternative to conventional lending. Ijara requires clear definition of the leased object, rental amount, and duration. Islamic mortgages and car financing often use ijara structures.
Frequently Asked Questions about Ijara (Lease)
What does Ijara (Lease) mean in Islam?
Ijara is an Islamic contract of lease or hire, allowing the use of an asset or service for a specified period in exchange for payment. It is widely used in Islamic finance as a riba-free alternative to conventional lending. Ijara requires clear definition of the leased object, rental amount, and duration. Islamic mortgages and car financing often use ijara structures.
What is the Arabic root of Ijara (Lease)?
The Arabic root letters of Ijara (Lease) are أ ج ر.