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Ijarah means 'to give something on rent'. In the sense of leasing, it is very much analogous to the rules of sale, because in both cases something is transferred to another person for a valuable consideration. The only difference between Ijarah and sale is that in sale of the property is transferred to the purchaser, in the case of Ijarah, the property remains in the ownership of the financer but the right to use the asset is transferred to the Client.

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