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BRIAN KETTELL, the Course Director, worked at the Central Bank of Bahrain for several years and has extensive experience in Islamic banking.
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He has published 16 books on banking and financial markets and over 20 case studies on Islamic banking and finance.

Module 7

Ijara and Ijara-Wa-Iktina

This module provides details of the Ijara and Ijara Wa- Iktina contract highlighting the mechanics of their use, their major applications and the risks for Islamic banks using these techniques.

Characteristics of Ijara ?

  • Characteristics of Ijara
  • Ijara terminology
  • Applications of Ijara
  • Advantages of Ijara over bank borrowing
  • Ijara-operational leasing
  • Case study
  • Implementation of Ijara
  • Why is Ijara Sharia compliant?

Ijara-Wa -Iktina- financial leasing

  • Characteristics of Ijara Wa-Iktina
  • Case study
  • Implementation of Ijara Wa-Iktina
  • Why is Ijara Wa -Iktina Sharia compliant?

What is the difference between Ijara and Murabaha?