Leasing Benefits
The real value of goods is measured by the benefits attained from their operation, yet prices of durable goods include their expected market value. This expected value is, in essence, capital being held in a non-operating mode. Ijara solves this by allowing payments only for the right of benefit without the burden of either liquidation or selling costs and efforts to secondary markets.
Monthly or quarterly installments of Ijara programs are not considered as debts. Therefore, damaged or malfunctioning equipments or mutual agreement of termination of installments. In addition, Ijara is tailored in a way that makes it possible for clients to benefit from larger balloons, balloon refinancing, and early payments at substantial discounts.
With Ijara, clients pay in exchange for benefits which are guaranteed of optimal performance. To insure this, A`ayan provide its Ijara clients with full insurance coverage plus extended warranty on all parts and components of the leased asset or equipment. In addition, clients bare only the cost of operating whereas all maintenance and repairs are taken care of by A`ayan.
Keeping equipment and production machinery up to date has never been less costly. Some Ijara programs are customized to ensure the opportunity of re modernization while avoiding excessive capital investment or liquidation costs. Unlike buying assets outright, leasing provides several maturity options depending on the client's choice. A client may decide to buy the asset, lease it for a second term for lower installments, or replace the asset with a new one.