ABSA Islamic finance

Q: Can I purchase a vehicle through ABSA Islamic Finance or through any other banks Islamic facilities?


A: From the understanding we have of the various so called Islamic banks, we do not see their systems to be in conformity with shar`ee requirements. Hence, we cannot guarantee their workings.

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


Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)