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How is the structure different from Ijara?

April 26, 2017different ijara structure

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How is the structure different from Ijara?

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An Ijara is a lease, whereas a Murabaha is a sale. In an Ijara, a trust is on title to the property, and you enter into a lease-to -own contract with the trust. In a Murabaha, UIFC will purchase the home on your behalf and then sell it to you at a marked up price on a deferred payment plan.