Question:

What risk is associated with the Askari bank in Ijarah?

by Guest6607  |  12 years, 9 month(s) ago

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I have been assigned a task on Askari bank to collect detailed information regarding it. I want to know What  risk is associated with the Askari bank in Ijarah?

 Tags: Askari, associated, bank, Ijarah, Risk

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1 ANSWERS

  1. Guest1103
    In Ijarah, as Bank is the owner of the vehicle and only transfers its usufruct to the customer, hence, risks relating to ownership remain with the Bank throughout the Ijarah period.

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