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

Asalaam Alykum,

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 admin@daruliftaa.net

And Allah Ta’āla Knows Best

Safwaan Ibn Ml Ahmed Ibn Ibrahim

Student Darul Iftaa
Limbe, Malawi 

Checked and Approved by,
Mufti Ebrahim Desai.

This answer was collected from Askimam.org, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

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