Pengertian Leasing Syariah

Summary

This video explains the concept of Islamic leasing (Leasing Syariah) and its operational principles, focusing on the differences between conventional and Sharia-compliant leasing models. It covers key topics such as the definitions of finance and operating leases, the parties involved, and the two main contracts used in Islamic leasing: Akad Tijarah (pure rental) and Akad Ijarah Muntahiya Bittamlik (rent-to-own). The video further explains the process of how Islamic leasing works, with a particular focus on the transfer of ownership at the end of the lease term.

Takeaways

• 😀 Leasing is a financing method for acquiring goods or equipment, often used in place of direct cash payment or credit.
• 😀 The term 'leasing' refers to the agreement to rent or finance equipment over a set period, with options to either return or buy the item at the end of the term.
• 😀 There are two main types of leasing: Operating Lease (no option to buy) and Financial Lease (with an option to purchase).
• 😀 The lessor is the leasing company that owns the asset, while the lessee is the party renting or using the asset.
• 😀 The supplier is the vendor who sells the leased asset to the lessor (e.g., the manufacturer or dealership).
• 😀 Insurance companies play a role in leasing by covering risks associated with the leased assets.
• 😀 Banks or creditors provide the capital to leasing companies to purchase the assets that will be leased.
• 😀 Islamic leasing (Leasing Syariah) operates in accordance with Islamic principles, ensuring the financing methods do not involve prohibited activities like interest (riba).
• 😀 Islamic leasing is based on two main contracts: 'Akad Tijarah' (pure rental contract) and 'Akad Ijarah Muntahiya Bittamlik' (rent-to-own contract).
• 😀 In an 'Akad Tijarah' contract, there is no transfer of ownership; it is purely a rental agreement (similar to an Operating Lease).
• 😀 In an 'Akad Ijarah Muntahiya Bittamlik' contract, the lease ends with the transfer of ownership to the lessee after the lease term (similar to a Financial Lease).

Q & A

What is leasing, and how is it defined in the context of this video?

Leasing, in general, refers to an agreement for the provision of capital goods for a specific period with periodic payments. According to the Minister of Finance's decision No. 1169/1991, it is a financing activity involving the provision of capital goods through leasing, either with or without the option to purchase the leased item, known as financial lease or operating lease.

What is the difference between operating lease and financial lease?

An operating lease involves renting goods without any option to purchase the leased item at the end of the lease term, while a financial lease allows the lessee to buy the leased item at the end of the contract, usually based on a residual value agreed upon in advance.

Who are the parties involved in a leasing transaction?

There are four primary parties in a leasing transaction: the lessor (the leasing company), the lessee (the person or entity using the lease), the supplier (the seller of the leased goods), and the insurer (which covers the risks associated with the lease agreement).

What does leasing Syariah mean?

Leasing Syariah refers to leasing activities that are in accordance with Islamic principles. The financing and operations follow two specific contracts: the tijarah contract (a rental contract without transfer of ownership) and the ijarah muntahiya bittamlik contract (a rental contract that ends with the transfer of ownership).

What is an akad tijarah?

An akad tijarah is a contract used in leasing Syariah that involves the provision of goods or services on a rental basis. In this contract, there is no transfer of ownership of the leased goods; it is purely a rental agreement.

What is an akad ijarah muntahiya bittamlik?

An akad ijarah muntahiya bittamlik is a leasing contract that involves the rental of goods, but with an option for the lessee to acquire ownership of the leased item at the end of the lease term. This contract ends with the transfer of ownership from the lessor to the lessee.

How does the process of leasing Syariah work in practice?

In a leasing Syariah process, a customer (lessee) enters into an akad ijarah muntahiya bittamlik with the lessor. The lessor purchases the leased item (e.g., a motorcycle) from the supplier, and the lessee rents it. After the rental payments cover the cost of the item, the ownership is transferred to the lessee.

What is the role of the lessor in leasing Syariah?

The lessor is the leasing company that owns the goods and provides them for rent to the lessee. In leasing Syariah, the lessor also ensures compliance with Islamic principles by offering contracts like akad tijarah and akad ijarah muntahiya bittamlik.

What role does the supplier play in a leasing transaction?

The supplier is the entity that sells the leased goods to the lessor. In the case of leasing a motor vehicle, for example, the supplier would be the motor vehicle manufacturer or dealership from which the leasing company purchases the vehicle.

What are the benefits of leasing Syariah compared to conventional leasing?

Leasing Syariah ensures that all transactions comply with Islamic law, which prohibits interest (riba). It offers ethical financing solutions, where the terms are more aligned with social and religious values, unlike conventional leasing which may involve interest-based agreements.