Banky team Reviewed editorial answerYou don't need to be a specialist in Islamic jurisprudence, but you must understand the parts that will affect your money and rights: What does the bank do?
Key points
Are you buying, renting, or partnering?
How much will you pay?
Who owns the asset?
And what happens if you are late or leave early?
The bank's role here is to translate the term into a practical decision.