Formula of Lease
Issue No.1852- The formula for lease can be pronounced in Arabic, English or any other language. Therefore, it will suffice if the owner says to a person, “I have leased out that property of mine to you for such and such amount and for such a period of time,” and the other one says, “I have accepted it.” It is also sufficient if the owner gives his property to the lessee with the intention of leasing it out, and the lessee takes it.
