HBZ Shari’a bank - Is it approved by Mufti Ebrahim Desai?
Question
As salaam wa alykum
Hbz bank has on their website that they are shariah compliant and approved by muftisaab...is that correct.
Answer
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.
Respected Brother,
The HBZ Shari’a banking system is Shariah compliant and has been checked and approved by Mufti Ebrahim Desai Saheb. You may use the Shari’a banking services provided by HBZ Islamic bank.
And Allah Ta’āla Knows Best
Ahmad Patel
Student Darul Iftaa
South Africa
Checked and Approved by,
Mufti Ebrahim Desai.
- Answered by
- Ahmad Patel
- 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.