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Definition of



agreement by bank to purchase then lease item in Islamic financing, a leasing arrangement in which a bank or financier purchases an item for a customer, then leases it to the customer at a profit

Definitions of ’ijara’ and meaning of ’ijara’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’ijara’ and other financial terms with our online QFINANCE Financial Dictionary.

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