Question
1. A new bus is leased by an Islamic bank to a bus company for five years. During the lease period, the excessive load was
1. A new bus is leased by an Islamic bank to a bus company for five years. During the lease
period, the excessive load was carried that damaged the bus and it led to the suspension on the
vehicle. What is the liability of the bus company in this case?
2. MHCL Company entered into an Ijarah agreement to lease a shop in Simon square in Green
Country. The lease contract stipulated all the details of the agreement such as the rental and the
location details, etc., except that it did not specify the exact location of the shop within Simon
square which is the subject matter of the agreement. Discuss the validity of this Agreement.
3. MHCL Company entered into a lease agreement with MACL Company to rent land for RM
5,000 per month for a period of 6 years. In the fifth year of the lease, MACL could not pay the
agreed amount of rent for five months. In this case, what is the action MHCL could take against
MACL?
4. Can Token Money be taken by the lessor from the lessee in a valid type of lease?
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