The Hire-Purchase Act 1967 clearly indicate that hire purchase is a contract of lease with an option to purchase. Lease contract with an option to purchase appear to be the same with Islamic lease contract of Al-Ijarah Muntahiiyah Bit-Tamlik (IMBT)....
Questions to be asked before buying an old houseBuying a house is a big decision. It's likely the biggest buy you'll make in your lifetime. Keeping in mind there are a lot of questions you should ask to get some information about any new home...
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