This is a program of United Bank of Kuwait & is approved by Mufti Taqi Usmani Saheb. I paid 20% of the home price. My monthly payments to the bank inlcude rent and a portion to ofset the remaining 80%. Inshallah in 15 years the home will be mine. Please contact me if you need any clarification. Jazakallah Khair
You may regard only one year’s outstanding amount as a liability in calculating Zakat.
Was salaam
Mufti E Desai
Fatwa Dept.