This fatwa acknowledges that state shari'a securities need to be issued in order to support and expedite infrastructure development and other similar projects. It defines an Ijarah Asset To Be Leased as an ijarah contract, the object of which has been specified, and a part of which already exists at the time the contract is executed, while the object of the contract will be transferred in its entirety in the future at time agreed upon by the parties to the contract. It also defines an Ijarah Asset To Be Leased state shari'a security as a security issued pursuant to shari'a principles, as proof of ownership of a part of the asset that becomes the object of the ijarah.