About AlHuda Center of Islamic Banking & Economics
Towards the pursuance of our goal to promote Islamic Banking and Finance all over the globe, AlHuda Centre of Islamic Banking and Economics is working diligently since its existence 17 years ago. AlHuda CIBE has been acknowledged as a distinguished service provider due to our notable services, team of dedicated professionals and one stop solutions of Islamic Banking and Finance. Our aim is to provide state-of-the-art services of Islamic banking and finance. We are proud to be prominent for our Advisory and consultancy, research and development, education and capacity building, Shariah advisory, publication and events all over the world. AlHuda CIBE is supported by many national and international organizations and institutions as Strategic Partners support and our Alumni have spread over 70 countries. We are proud to stand among world's largest presences for capacity building, trainings, consultancy and other services. More details are available at www.alhudacibe.com
About Islamic Leasing (Ijarah) Worldwide
Ijarah (Islamic Leasing) is an agreement that permits one party (the lessee) to use an asset or property owned by another party (the lessor) for an agreed-upon rentals over a fixed period of time. It is a form of asset finance which has the benefit of using assets without the requirements of ownership. The lessee acquires the asset he needs without borrowing on interest and receives the benefits of use while the lessor receives the value of regular rental payments for a specified period plus the residual value of the asset. The lease may be written either for a short-term or for a long-term and its rules are similar to those governing sale because in both cases there is a transfer of one thing between two parties for valuable consideration. However, leasing differs from sale as its mechanism allows the separation between ownership and use; in fact, it does not involve transferring the corpus or ownership of an asset which remains with the lessor.
The aim of this conference is to explore the untapped market of Islamic leasing (Ijarah) and to adopt the latest trends, challenges and opportunities in Islamic Finance Industry worldwide.
