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Long-Term Lease

An ijarah in which an asset is leased for a long period of time in a way that ujrah (compensation)…

Intifa’a

Arabic (انتفاع) for utilization. In other words, it is the process of taking or extracting usufruct (manfa’ah) from something (asset,…

Ijarat Al-Zhimmah

Arabic (إجارة الذمة) for an ijarah which has a described usufruct (manfa’ah mawsufah fi zhimmah) as underlying. The lessor is…

Bay’ al-Khulu

A form of sale (bay’) in which the subject matter (mahall) is a right or concession to utilize some property…

Usufruct Waqf

A waqf of the usufruct (manfa’ah– manafi’) of a rented property. It is a temporary waqf (waqf muaqqat) which only…

Usufruct

In simple terms, it is the right of an individual to use something that belongs to someone else, whether for…

Long-Term Ijarah

An ijarah in which an asset is leased for a long period of time in a way that ujrah (compensation) is…

Lease of Liability

A form of Islamic lease in which the contract is linked to the lessor’s liability. Lease of liability is the…

Waqf Khairi

Arabic (وقف خيري) for charitable waqf; a type of waqf whose proceeds are used to serve a specific group of...

Waqf al-Manafi’

Arabic (وقف المنافع) for a waqf of the usufruct (manfa'ah- manafi') of a rented property. It is a temporary waqf...