Abstract

This article is aimed the similarities and differences between financial lease and Islamic installment payment. Namely, the features like contract length, roles and responsibilities of the parties and other questions. In addition to that, taking as a basis some similarities of financial lease and Islamic installment payment, the opinions of experts who try to match the mentioned above financial tools will be studied in detail. Some points of financial lease that were revealed during the analysis does not correspond to the main rules of Islamic installment payment. Thus, financial lease cannot be fully considered as the analog of Islamic installment payment in the Islamic jurisprudence.