Contrary to its conventional counterpart, which uses interest-based methods of financing, Islamic banks commonly use sale, lease, or partnership modes of financing. The murābaḥah (cost-plus sale) and ijārah muntahiyah bi-t-tamlīk (lease-to-own) products achieve similar end-results, where both products are used as Islamic financial mechanisms for Islamic banks to achieve profits on financed assets, and where the client benefits from the financed asset—leading the client to ultimately own the asset at the end of the financing tenor without limitations (whether releasing the asset as a collateral for a murābaḥah or transferring the title deed to the client at the end of an ‘ijārah muntahiyah bi-t-tamlīk’ contract). Using a qualitative methodology, this article investigates how Islamic banks choose between using murābaḥah or ijārah muntahiyah bi-t-tamlīk when financing a customer. This article includes empirical work by analysing primary and secondary data pertaining to three Islamic banks in the Kingdom of Bahrain.

与传统的以利息为基础的融资方式相反，伊斯兰银行通常使用销售，租赁或合伙形式的融资方式。该murābaḥah（成本加销售）和ijārahmuntahiyah双T-tamlīk（租赁到自己的）产品实现类似的最终结果，其中两种产品作为伊斯兰金融机制，伊斯兰银行，以实现对资金资产的利润，客户从融资资产中受益的情况下-导致客户最终在融资期限结束时最终拥有该资产，而不受限制（无论是将资产作为murābaḥah的抵押释放还是在产权交易结束时将所有权契据转让给客户） ' ijārahmuntahiyahbi-t-tamlīk' 合同）。本文使用定性方法，研究了伊斯兰银行在为客户融资时如何选择使用murābaḥah还是ijārahmuntahiyahbi-t-tamlīk。本文通过分析与巴林王国三家伊斯兰银行有关的主要和次要数据来进行实证研究。