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Is Wesbank Islamic finance Shariah compliant?

Answered as per Hanafi Fiqh by Askimam.org

Assalamu alaykum

Is Westbank Islamic Finance permissible in Islam? 

Jazakallahu Khayran 

Answer

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

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

You may forward the wesbank/FNB finance contract to admin@daruliftaa.net and reference it to Aboobakr. We will study the contract and advise accordingly.

And Allah Ta’āla Knows Best

Aboobakr Siddeeq bin Mufti Amjad Mohammad

Student Darul Iftaa

Azaadville, Johannesburg, South Africa

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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