Question: 2. How do insurance needs differ under conventional leasing and Islamic leasing? 3. What are the key Sharia'a requirements for the Ijara contract? 4. Would

 2. How do insurance needs differ under conventional leasing and Islamic

2. How do insurance needs differ under conventional leasing and Islamic leasing? 3. What are the key Sharia'a requirements for the Ijara contract? 4. Would a Car Ijara be structured identically to a home purchase ljara? 5. Would non-Muslims consider Car Ijara schemes a serious alternative to conventional car finance schemes? 6. Calculate the monthly rental payments when buying a new car, costing Rs. 300,000, for a term of four years, if the potential purchaser is willing to pay a 25% security deposit. 7. Calculate the monthly rental payments when buying a new car, costing Rs. 400,000, for a term of three years, if the potential purchaser is willing to pay a 30% security deposit. 2. How do insurance needs differ under conventional leasing and Islamic leasing? 3. What are the key Sharia'a requirements for the Ijara contract? 4. Would a Car Ijara be structured identically to a home purchase ljara? 5. Would non-Muslims consider Car Ijara schemes a serious alternative to conventional car finance schemes? 6. Calculate the monthly rental payments when buying a new car, costing Rs. 300,000, for a term of four years, if the potential purchaser is willing to pay a 25% security deposit. 7. Calculate the monthly rental payments when buying a new car, costing Rs. 400,000, for a term of three years, if the potential purchaser is willing to pay a 30% security deposit

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