- One of the major advantages of this kind of contracts is reducing of the operational overheads caused by purchasing equipment and machinery for large scale projects. Instead, KFH leases all the required equipment and machinery to the client on monthly installments. By end of project, the client can either own the equipment by completing their value by then, or turn them back to KFH.
- The range of equipment and machinery list expanded to include computers, cars, heavy machinery and the needs of big projects.
There are different types of "Ijarah" programs including :
- "Ijarah Operating Lease” Program: The client in this type of leasing contracts is entitled to benefit from the assets leased by KFH, without having the right to buy it by the end of leasing period.
- "Ijarah Finance Lease" Program: Our client can benefit from the asset with the option of buying the asset by the end of the contract period.