Question:

What is Ijarah in Askari bank's Islamic banking?

by Guest7097  |  12 years, 8 month(s) ago

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I am a university student and I have been assigned a task on Askari bank. I want to know What is Ijarah in Askari bank's Islamic banking?

 Tags: Askari, banking, banks, Ijarah, Islamic

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  1. Guest6629
    Ijarah is a rental agreement, under which the usufructs of an asset is transferred to the client on pre-agreed terms and conditions. It is a Shariah Compliant mode of finance, adopted by Askari Islamic Banking to meet the Car Financing needs of its valued customers.

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