Continuing the series, Seeking the Halal, the Ijarah contract is the fifth type of contract, based on Imam al-Ghazali’s categorisation in Ihya’ ‘Ulum al-Din, in Kitab al-Kasb (The Book of Lawful Earning). Imam al-Ghazali divided the subject of earnings into six main types of contracts, around which most forms of trade and business revolve. We have … Continue reading Major principles in Islam (part 8) – Halal earning and financial contracts in Islam – The Ijarah Contract leasing)