Ijara Calculator
Last updated: June 2026 · Free · No sign-up required
Enter values above and click Calculate to see your result instantly.
Quick reference
| $200k asset, $40k down, 20 yr @5.5% | Result |
|---|---|
| Financed via Ijara | $160,000 |
| Monthly lease payment | $1,101 |
| Total rent over term | $104,149 |
| Total cost | $264,149 |
mosque Calculated to Shariah-compliant formulas
Every Islamic calculator on CalcaTools uses formulas from recognised Shariah authorities — the Hilal Committee's Hijri conversion tables, the MWL/ISNA/Umm al-Qura prayer-time methods, the four-school consensus for Zakat Nisab, and the Faraid distribution rules from classical fiqh. The exact authority is cited on every tool page.
menu_book Sunni & Shia rules side by side
For tools where the calculation differs between schools (Faraid inheritance, certain Zakat triggers, prayer-time conventions), we surface the choice as a selector and document the difference in the methodology block. Pick the school that matches your tradition — the answer adjusts.
savings Zakat with the live Nisab
Zakat tools fetch the current spot gold/silver price (or let you enter your local rate) so the Nisab threshold reflects today's value, not a stale figure from last year. The 2.5% rate is the standard hawl-based calculation; agricultural Zakat (1/10 or 1/20) is available on the dedicated Ushr calculator.
verified For guidance, not a fatwa
These calculators give you the number — they do not give a fatwa. For complex personal situations (inheritance with revoked rights, mixed-asset Zakat, late prayer makeup rules), please confirm with a qualified scholar in your tradition. We're here to help with the arithmetic, not to replace your local imam.
Interpretation guide
| Ijara type | End of term |
|---|---|
| Ijara wa Iqtina (lease-to-own) | Ownership transfers to you |
| Operating Ijara | Asset returns to the lessor |
| Ijara mawsufa | Forward lease on assets under construction |
Formula & methodology
Formula: Monthly rent = annuity(financed amount, rate/12, months); ownership transfers at term end (wa Iqtina)
- Enter the asset price, your down payment, lease term and rental rate.
- The financed portion (price − down) is annuitised into a level monthly rent.
- Total rent and total cost are reported; choose the Ijara type to see the ownership outcome.
Worked example: $200,000 asset with $40,000 down over 20 years at 5.5% → $1,101/month, $104,149 of rent, ownership transferring at term end under Ijara wa Iqtina.
Authoritative source: AAOIFI Standard No. 9 — Ijara
Frequently asked questions
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Every CalcaTools Islamic calculator — zakat and charity, prayer times, the Hijri calendar, halal finance, and family tools — cross-checked against the Umm al-Qura calendar and classical fiqh references.