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Fatwa #3701131 October 2016South Africa

Shariah compliant financial institutions for the purchasing of a house in South Africa

Answered by Safwaan Ibn Ml Ahmed Ibn IbrahimChecked by Mufti Ebrahim Desai

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.

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