Darul Iftaa Mahmudiyyah

Is the following institution shariah compliant?

· 2 Rabiʻ I 1435 AH1 min readFatwa 27828English

Question

I am planning to study in london, and the way i am going to pay my tuition fees and other expenses over there is that i am keeping my house mortgage, the institution i am keeping my house mortgage claims to be shariah compliant.

i have friends in london they will be able to arrange for a partime job for me through which i would be able to earn enough to pay back the loan and bear my expenses in london.

below are the links for the company i am planning to take loan from.

http://www.hbfcl.com/index.html

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

In order to comment on the Shariah compliancy of the institution in reference you may forward us a copy of their contract.

And Allah Ta’āla Knows Best

Mawlana Mohammed Patel,
Student Darul Iftaa
Lusaka, Zambia

Checked and Approved by,
Mufti Ebrahim Desai.

Answered by
Mawlana Mohammed Patel
Checked & approved by
Mufti Ebrahim Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/27828
Fatawa SA: https://fatawa.co.za/fatwa/askimam-27828

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