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Fatwa #403903 January 2019Canada

Ijara CDC

Question

Assalamualaikum Mufti sahab,can you please look into Ijara Canada conversion model for halal home financing and let me know if there structure is halal or not.   Here is the link

www. Ijaracdc.com

JazakAllah khair 

Answer

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

As-salaamu ‘alaykum wa-rahmatullaahi wa-barakaatuh.

Brother in Islaam,

We have perused through the website and have not found the information and details provided sufficient to issue a ruling. You may obtain their contract and related details and forward it to us at admin@daruliftaa.net for our observation and advice.

And Allaah Ta’aala Knows Best.

Muajul I. Chowdhury

Student, Darul Iftaa

Astoria, New York, USA

Checked and Approved by,

Mufti Ebrahim Desai.

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