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

· 30 Muharram 1438 AH1 min readFatwa 37011English
Finance and Commerce

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 [email protected]

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
Ask AskImam

Fatawa SA is an independent, read-only index of fatawa already published by Darul Iftaa Mahmudiyyah (AskImam). It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.