LessonsLeasing (إجارة): Sub-Lease, Assignment and Ijarah CertificatesQuiz

If a lessor sells proportions of the leased asset to several investors, each investor may receive a certificate representing his undivided ownership share in that tangible asset.

Because the asset is already leased, the new owners receive rent according to ownership shares. They also assume corresponding ownership obligations and risk. The certificate represents ownership—not merely income.

Opening interactive controls...

What Is an Ijarah Certificate?

Leasing (إجارة): Sub-Lease, Assignment and Ijarah Certificates

If a lessor sells proportions of the leased asset to several investors, each investor may receive a certificate representing his undivided ownership share in that tangible asset.

Because the asset is already leased, the new owners receive rent according to ownership shares. They also assume corresponding ownership obligations and risk. The certificate represents ownership—not merely income.