Gatehouse Bank Shariah Finance
Question
Assalam alaikum wa rahmatullahi wa barakatu.
I am wanting to purchase my first home as currently living on rent. I have more than half the amount. I would lile to use the Gatehouse bank shariah compliant finance to purchase the property.
I understand the bank has a panel of scholars who have issued fatawa stating it is halal, however can you please confirm if its halal and permissible for me to use this financing system?
Jazakallah khair. Wassalaam
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
We are unable to comment on the Shari’ah compliancy of Gatehouse Bank as we have not seen the contracts and procedures of Gatehouse Bank.
And Allah Ta’āla Knows Best
Bilal Yusuf Pandor
Student Darul Iftaa
Lusaka, Zambia
Checked and Approved by,
Mufti Ebrahim Desai.
- Answered by
- Bilal Yusuf Pandor
- Checked & approved by
- Mufti Ebrahim Desai
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.