IMPLEMENTATION OF IJARAH CONTRACT FINANCING AT BMT SAFINAH KLATEN
DOI:
https://doi.org/10.54443/injoss.v1i3.16Keywords:
Understanding of Financing; Understanding of Ijarah; Legal Basis of Ijarah; Mechanism of Ijarah Financing.Abstract
BMT Safinah is a financial institution that collects people's funds through products and always applies sharia principles as its main foundation. This financial institution realizes funding and landing products. Financing products with a rental system (ijarah) are products that are of interest to customers, because with this product customers can apply for financing that is leased for goods or services with rental wages that have been agreed by both parties. BMT Safinah issued a financing product with an ijarah contract. This financing product with an ijarah contract is very attractive because this product can be used for leasing goods or services at a rental fee in accordance with the agreement of both parties. This lease transaction is applied in financing for the cost of education, hospitalization, education costs, and other necessary costs. This product is called ijarah financing.
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