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Al-Ijarah al-Muntahiyah bi al-Tamlik is a form of contract that is widely used in today's Islamic banking system. This paper discusses the forms of al-Ijarah al-Muntahiyah bi al-Tamlik and its Jurisprudential adaptation as well as the steps of its application, its advantages and how to end this type of contract. Also, the most important findings of this study are discussed. This article uses the documentation method as a method of data collection and content analysis as a data analysis method. The findings shows al-Ijarah al-Muntahiyah bi al-Tamlik contract is one of the most important contracts. It offers a lot of benefits for the basic needs of many people in the society. The contract also contributes to the economic development of Islamic banks and economic institutions that aim to develop their activities in relation to this type of contract.
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In-Text Citation: (Hussein & Mat, 2019)
To Cite this Article: Hussein, R., & Mat, K. A. (2019). Forms of Al-Ijarah Al-Muntahiyah bi Al-Tamlik and its Jurisprudential Adaptation. International Journal of Academic Research in Business and Social Sciences, 9(3), 546–554.
Copyright: © 2019 The Author(s)
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