Ijaraha Financing: –
is a form of financing applicable to financing and operating leases of properties.
Features
- In Ijaraha Financing the bank pays to manufacturer/builder the price of products and the manufacturer delivers the goods to the bank.
- In Financing Lease contract of Ijarah, the bank sells the products at the end of the contract, While
- In the Operating lease contract of Ijarah, the goods leased for customers and returned back to the bank to be released or disposed of.
- Please contact Coop bank Islamic to get more detailed information and advice.