Leases between accounting thought and the Islamic economics and their position in contemporary zakat accounting

الملخص EN

This study focuses on leases as one of the most modern financing tools, issued by the International Accounting Standard (IAS 17) then subsequently the (IFRS 16), It, also, highlights the position of these contracts in the contemporary Zakat accounting and after adapting them so that they correspond to the requirements of the Islamic economics.

The research concluded that the concept of leases is among the well-established concepts in Islamic thought.

However, it has resulted in many practices, most notably leases, that are contrary to Islamic principles.

Thus, the closed-end lease has appeared to deal with these illegal transactions, allowing the contemporary Zakat accounting to take its right of this contract.