Al Ijarah Thumma Al Bai

Thumma means to be followed by or thereafter whilst the phrase al bai refers to sales.

Al ijarah thumma al bai. Manfaat atau al manfa ah 5. The essence of ijara thumma al bai. Individuals aged 18 years old and above sole proprietorships partnerships. Al ijarah thumma al bai i mengandungi dua aqad iaiatu aqad sewaaan dan aqad beli selepas tamat tempoh sewa.

Kalau nak lebih senang faham boleh tengok modus operandi di bawah. Aitab adalah singkatan kepada al ijarah thumma al bai. Ada dua kontrak dalam aitab iaitu ijarah sewa dan bai jualan. Up to 9 years.

Shariah advisory council of bnm. Ijarah thumma al bai means hire purchase it refers to how parties will enter into contracts which come into effect in a serial manner in order to form a complete lease or buyback transaction. Al ijarah ijarah is an arabic term with origin in islamic meaning to give something on a rental basis or wages it is islamic alternative to conventional leasing. Penyewa atau al musta jir 3.

Harta yang disewa atau al ma jur 4. There has been a proposal by an islamic financial institution to introduce vehicle financing based on al ijarah thumma al bai aitab concept the financing based on aitab involves two types of contracts namely leasing contract ijarah followed by sale contract al bai at the initial stage the islamic financial institution will conclude an ijarah. Kontrak ni dibuat secara berturutan bermula dengan ijarah dan berakhir dengan bai. Al ijarah thumma al bai aitab shariah compliant car financing based on the principles of ijarah thumma al bai which means lease followed with sale.

Al ijarah and al ijarah thumma al bai aitab motor vehicle financing siti munirah abd wahab nur wirda ahmed 2. The first contract in this serial process is known as ijarah and its purpose is to outline all of the terms for the leasing or the renting. Kontrak ni digunakan dalam sewa beli kenderaan berlandaskan shariah. It s applicable for financing new secondhand and reconditioned motor vehicles with maximum financing tenure up to 9 years and margin of finance mof up to 90.

Al ijarah thumma al bai aitab shariah compliant car financing based on the principles of ijarah thumma al bai which means lease followed with sale types of goods financed new motor vehicles secondhand motor vehicles reconditioned motor vehicles who can apply. Rukun rukun bagi aqad yang pertama ialah 1. Bayaran sewa atau al ujrah 6. A basic idea about the essence of ijara thumma al bai can be had by analyzing the words that make up the name.

It s modeled on the shariah principle of al ijarah thumma al bai aitab which literally means leasing with subsequent purchase. St inception by bank islam aitab has grown in popularity and continuously expanded partly due to the heightened demand by customers.