The principle of Ijara with diminishing Musharaka can
be used for home-buying services. Diminishing Musharaka means
that we reduce our equity in an asset with any additional
capital payment you make, over and above your rental payments.
Your ownership in the asset increases and ours decreases by a
similar amount each time you make an additional capital payment.
Ultimately, we transfer ownership of the asset entirely over to
you.
|
