The Sharia Council of the Central Bank of Iran examined the ways of financing leasing companies by banks and non-bank credit institutions in terms of sharia at its 25^th session on 24 Jun. 2020.

1) Financing leasing companies by banks and non-bank credit institutions in the form of civil participating agreements, installment sales and Murabaha is possible.

2) Operating leases by leasing companies are approved in accordance with sharia standards.

3) Issuing Islamic financial securities, including Murabaha, power of attorney, Ijarah, Musharakah and Istisna for financing by leasing companies is allowed.