Claiming mark up of Islamic finance as interest for tax deduction : claiming interest deduction in leasing purchase
Fatawa Question
I want to know how to lease option a house but have the owner structure the contract so that there is no interest in it. And still have the seller benefit by being able to write off "interest" in his taxes and benefit from not getting the full amount all at once
Fatwa
Click hereto view more
Publication Date
2006-12-11
Main Subjects
Economics & Business Administration
Islamic Studies
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-790165
American Psychological Association (APA)
Qahf, Mundhir. 2006-12-11. Claiming mark up of Islamic finance as interest for tax deduction : claiming interest deduction in leasing purchase. .
https://search.emarefa.net/detail/BIM-790165
Modern Language Association (MLA)
Qahf, Mundhir. Claiming mark up of Islamic finance as interest for tax deduction : claiming interest deduction in leasing purchase. 2006-12-11.
https://search.emarefa.net/detail/BIM-790165
American Medical Association (AMA)
Qahf, Mundhir. 2006-12-11. Claiming mark up of Islamic finance as interest for tax deduction : claiming interest deduction in leasing purchase.
https://search.emarefa.net/detail/BIM-790165