Ijarah

Ijarah is an Islamic alternative of leasing and refers to the transfer of benefits and use of an asset by the owner (lessor) to the (kasb modaraba) lessee at an agreed rent for an agreed period of time. KASB Modaraba provides Ijarah facility to customers whose requirement is business driven. The tenure of Ijarah ranges from 3 to 5 years. Both the tenure and the rental of Ijarah are tailored to the needs of the client.

 

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