Shariah compliant financial institutions for the purchasing of a house in South Africa

Answered according to Hanafi Fiqh by Askimam.org

Asalaam Alykum,

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Please can you advide if you know of any halaal financial institutions for the purchasing of a house in South Africa ?

JazakAllah Katheeran

Cape Town

South Africa

Answer

In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

If you come across any Financial Institution that offers Shariah Compliant financing for a house, you may obtain a copy of the contract and forward to us for our observations and guidance.

You may forward the documents to [email protected]

And Allah Ta’āla Knows Best

Safwaan Ibn Ml Ahmed Ibn Ibrahim

Student Darul Iftaa
Limbe, Malawi 

Checked and Approved by,
Mufti Ebrahim Desai.

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