The Extent of Applying Legitimate Procedures and Its Accounting Processes for Lease - to - Own ( Lease Purchase ) Transactions and Financing Health and Education in Islamic Banks : Case Study - Jordan
Abstract:The goal of this study is to demonstrate the extent of applying legitimate procedures and their accounting treatments for lease-to-own (lease purchase) transactions ending in the transfer of ownership (possessing) and in financing of education and health benefits by Islamic Banks. In order to achieve the objectives of this study, the scholars have prepared a questionnaire containing the legitimate executive procedures, the operations, the accounting records (accounting processes) and the time proved for each o… Show more
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