Buying a house through a bank

· 2 Muharram 1439 AH1 min readEnglish
Business and DealingsIslamic Financebusinessislamic financealbaraka bankfnb

Question

Are we allowed to buy a house through Islamic Banking? Al Baraka Bank, Fnb Islamic Banking, etc.?

Answer

We are not clear of the workings of these banks. Hence we do not encourage this.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
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