Shariah compliant financial institutions for the purchasing of a house in South Africa
Question
Asalaam Alykum,
Please can you advide if you know of any halaal financial institutions for the purchasing of a house in South Africa ?
JazakAllah Katheeran
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
If you come across any Financial Institution that offers Shariah Compliant financing for a house, you may obtain a copy of the contract and forward to us for our observations and guidance.
You may forward the documents to admin@daruliftaa.net
And Allah Ta’āla Knows Best
Safwaan Ibn Ml Ahmed Ibn Ibrahim
Student Darul Iftaa
Limbe, Malawi
Checked and Approved by,
Mufti Ebrahim Desai.
- Answered by
- Safwaan Ibn Ml Ahmed Ibn Ibrahim
- Checked & approved by
- Mufti Ebrahim Desai
Where scholars differ, it’s safer to take the more cautious view.
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/37011
Fatawa SA: https://fatawa.co.za/fatwa/askimam-37011