Pakistan study notes for Matric, Intermediate, B.A, B.COM BSC, M.A, BCS. Free Pakistani Urdu educational school, colleges and University notes.

LEASE AND ISLAM

LEASE AND ISLAM

Islam allows lease because it does not carry interest. When an asset is leased the charge made on its use is referred to as a rent which is permissible in Islam.

It is only cash loan that carries interest which is an addition over the principal amount lent. This addition is haram in Islam.

Related posts:




Leave a Reply

Content Protected Using Blog Protector By: PcDrome. & GeekyCube.