عقد الاعتماد الإيجاري للأصول غير المنقولة كآلية للتمويل

Abstract EN

The rental lease agreement is a modern funding mechanism that emerged as a result of the inability of traditional financing means to do so.

This contract is based on the financing institution purchasing all the equipment, material, or real estate the project needs while it maintains its ownership.

It leases it to the lessee in exchange for a rental fee representing an exchange for the use of all the leased, against current expenditures, and assessed interest on the amount paid in the purchase of those possessions.

Where the financing institution remains the owner of the leased possessions during the lease term and can recover it as being its owner when the tenant stops or refuses to pay the rent allowance, or if he breaches the terms of the lease contract.

These funds shall be recovered from the lessee's bankruptcy without being subjected to bankruptcy procedures and without the risk of not fully or partially fulfilling them.

Upon the expiry of the lease period, the lessee is granted the right to choose between purchasing these materials, subject of the rental approval contract, at a pre-agreed price, or renewing the contract with new conditions commensurate with the status of the leased materials or the termination of the lease contract, and returning the funds to the lessor.