Is there anything I need to be aware of regarding Takaful Ijara? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Is there anything I need to be aware of regarding Takaful Ijara?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

In a lease, you must distinguish between protecting the asset as the lessor's property and any coverage related to the lessee's use.

Ask the bank to clarify who pays for each coverage and who benefits from it.

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