Juridical Analysis and Implementation of Ijarah Muntahiya Bit Tamlik (IMBT) Contracts in Sharia Banking: An Overview of the Elements, Anatomy of the Contract, and Legal Basis

Authors

  • Sinthya Wahyu Eka Pratiwi Universitas Trunojoyo Madura
  • Silviatus Sholihah Universitas Trunojoyo Madura

DOI:

https://doi.org/10.30651/jms.v11i2.30967

Abstract

The development of Islamic banking encourages innovative financing products that are
in accordance with sharia principles, one of which is Ijarah Muntahiya Bit Tamlik
(IMBT). This contract combines a leasing transaction with a promise of transfer of
ownership at the end of the contract term. This study aims to analyze the juridical
aspects, contractual elements, and anatomy of IMBT in Indonesian Islamic banking
practices. This research uses normative legal research using legal and conceptual
approaches. The results of the study show that IMBT has an adequate legal foundation
both in sharia law and positive law; However, practical implementation still faces
potential issues related to contract separation, WA'd clauses, and maintenance
responsibilities. Therefore, stronger contract standardization and sharia compliance
are needed to ensure IMBT practices remain consistent with prudential and sharia
principles.
Keywords: IMBT, ijarah, Islamic banking, contract, Islamic law

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Published

2026-04-10

How to Cite

Wahyu Eka Pratiwi, S., & Sholihah, S. (2026). Juridical Analysis and Implementation of Ijarah Muntahiya Bit Tamlik (IMBT) Contracts in Sharia Banking: An Overview of the Elements, Anatomy of the Contract, and Legal Basis. Jurnal Masharif Al-Syariah: Jurnal Ekonomi Dan Perbankan Syariah, 11(2). https://doi.org/10.30651/jms.v11i2.30967

Issue

Vol. 11 No. 2 (2026)

Section

Artikel

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