Noun
ijarah (plural ijarahs)
(Islamic finance) A non-binding exchange contract concerning ownership of a benefit related to the services of a human being or sale of a movable object, but not concerning land, houses, ships, or animals.
Stockbrokers described the over- subscription of the N150 billion Sukuk Ijarah as a double-edged sword as the offer which snapped up over N600 billion from the market has largely contributed to the current bearish trend amid other perceived variables. Source: Internet