{"product_id":"ijarah-lease-contract-and-islamic-banking-products-9798364739520","title":"Ijarah: Lease Contract and Islamic Banking Products","description":"\u003cp\u003e • Author(s): Abdullateef Wale Adeyemo\u003cbr\u003e • Publisher: Independently Published\u003cbr\u003e • Publisher Imprint: Independently Published\u003cbr\u003e • BISAC: Business \u0026amp; Financial\u003c\/p\u003e\u003cp\u003eThe book describes how \u003ci\u003eShariah\u003c\/i\u003e recognises \u003ci\u003eIjarah \u003c\/i\u003econtract and how it has been developed in our contemporary time to serve as a banking product of Islamic banks. In this book the norms and ethics of the Islamic banking system are discussed, it moved further to thrash out why activities like interest (\u003ci\u003eriba\u003c\/i\u003e), uncertainty (\u003ci\u003egharar\u003c\/i\u003e), and gambling (\u003ci\u003emaisir\u003c\/i\u003e) are prohibited for Islamic banks. The rights and obligations of the Islamic bank (lessor) and the customer (lessee) in relation to operating and financing \u003ci\u003eIjarah \u003c\/i\u003eis laid out in this book. The book also makes the observation that for the financing \u003ci\u003eIjarah\u003c\/i\u003e products and contracts to be implemented successfully, care must be taken to coordinate \u003ci\u003eIjarah\u003c\/i\u003e contract with other contracts or ideas to facilitate the smooth transfer of the asset to the lessee. The importance of the \u003ci\u003eIjarah \u003c\/i\u003eoffer letter and terms and conditions in the \u003ci\u003eIjarah \u003c\/i\u003eagreement are ironed out as well as the documentation of such\u003ci\u003e \u003c\/i\u003eagreement. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eBesides, \u003ci\u003eIjarah \u003c\/i\u003eproducts of Islamic banks, other products such as \u003ci\u003eMudarabah \u003c\/i\u003e(Profit and Loss Sharing)\u003ci\u003e, Musharakah \u003c\/i\u003e(Partnership)\u003ci\u003e, Murabah \u003c\/i\u003e(Cost-Plus Profit Sale Contract)\u003ci\u003e, Istisna' \u003c\/i\u003e(Order to Manufacture Sale), \u003ci\u003eBai Salam \u003c\/i\u003e(Forward Sale), \u003ci\u003e Istijirar \u003c\/i\u003e(Recurring Sale), \u003ci\u003eMuzaraah \u003c\/i\u003e(Partnership)\u003ci\u003e Musaqah \u003c\/i\u003e(Watering of Orchard) are examined extensively. \u003cp\u003e\u003c\/p\u003eThe contents overview is resented below: \u003cp\u003e\u003c\/p\u003eCHAPTER ONE: Islamic Banking System\u003cbr\u003eCHAPTER TWO: Islamic Banking Products and Services\u003cbr\u003eCHAPTER THREE: Historical Development of The Islamic Banking System Worldwide\u003cbr\u003eCHAPTER FOUR: Ijarah (Lease) Under Islamic Law\u003cbr\u003eCHAPTER FIVE: Types of \u003ci\u003eIjarah\u003c\/i\u003e Banking Products\u003cbr\u003eCHAPTER SIX: Financing Ijarah with other Contracts or Concepts\u003cbr\u003eCHAPTER SEVEN: Lease of Islamic Bank's Share of Financing \u003ci\u003eIjarah\u003c\/i\u003e to the Lessee\u003cbr\u003eCHAPTER EIGHT: Obligations of the Parties to Islamic Banking Products Based on Ijarah\u003cbr\u003eCHAPTER NINE: Islamic Banking Products Based on Ijarah-Wa-Iqtina'\u003cbr\u003eCHAPTER TEN: \u003ci\u003eIjarah A\u003c\/i\u003esset\u003cbr\u003eCHAPTER ELEVEN: Legal Documentation of \u003ci\u003eIjarah\u003c\/i\u003e Contracts \u003cp\u003e\u003c\/p\u003eAmong Reviewers of this great Book are: \u003cbr\u003eDr. Muhmmad Aunurrohim Masa'ad, Faculty of Shariah and Law, Islamic Science University of Malaysia.\u003cbr\u003eDr. Idris Muktar, Islamic Development Bank Group (IsDB) in Jeddah, Saudi Arabia\u003cbr\u003eProf. Dr. Nasiru Ahmed, International Institute of Islamic Banking and Finance, Beyero University, Kano, Nigeria\u003cbr\u003eDr. Nurudeen Abdulkadir, Central Bank of Nigeria, Abuja, Nigeria\u003cbr\u003eDr. Aliyu Dahiru Muhammad, Department of Economics, Beyero University, Kano, Nigeria\u003cbr\u003eDr. AbdulAzeez Maruf Olayemi, Faculty of Law, Lagos State University, Lagos, Nigeria\u003cbr\u003eDr. Dauda Adeyinka Asafa, Islamic Financial Services Board, Central Bank of Malaysia, Malaysia \u003cp\u003e\u003c\/p\u003eThe reviewers comments will be uploaded to watch and listen soon.","brand":"Independently Published","offers":[{"title":"Paperback","offer_id":45506581004439,"sku":"9798364739520","price":1395.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9798364739520.webp?v=1767924597","url":"https:\/\/atlanticbooks.com\/products\/ijarah-lease-contract-and-islamic-banking-products-9798364739520","provider":"Atlantic Books","version":"1.0","type":"link"}