Could you please refer my contract and advise about shariah ruling on this loan

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

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh

Kindly submit the following information in order for us to issue a ruling accordingly.

1. Terms and conditions of contract

2. Shariah Concept and structure used

3. Shariah flow of funds

4. Do you have a fixed or variable rate on your financing?

And Allah Ta’āla Knows Best

Ismail Desai,

Darul Iftaa

Checked and Approved,

Mufti Ebrahim Desai.