Whatever you need we can spread the cost of services and goods using the contract of Service Ijara.
Warning
If you apply for early settlement, you may have to pay non waived profit or fees.
If you do not meet the payments on your finance, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future.
Rescheduling your financing may take longer to pay off than your previous financing and may result in paying more profit.
Service Ijara is used to cover costs where one person (such as a doctor, lawyer, teacher) is hired by another. It also applies to 'usufructs' and, therefore, the lease of physical assets such as land, building, machinery, equipment etc.
Ijara is a term of Islamic 'fiqh' which refers to "giving something on rent". The Ijara contract is applicable to 'usufructs' as well as services. Ijara of usufructs refers to the lease of physical assets such as land, building, machinery, equipment and so on. Service Ijara is used to employ services of a person for an applicable wage. Service Ijara may include all transactions where the services of a person (such as a doctor, lawyer, teacher or any other person who can render a valuable service) are hired by someone else.
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