Is HSBC Amanah Finance permissible?

Is HSBC Amanah Finance permissible?

In the name of Allah, the most Beneficent, the most Merciful.

Answer:

Mufti Taqi Uthmani, Shaih Nizam Al Yaqubi (Bahrain) and Dr. Al Ghairi (Saudi Arabia) have approved of the HSBC house-financing scheme. The purchasing plan is based on the Ijara principle.

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Islamic Mortgage

Only Allah Knows Best

Mohammed Tosir Miah

Darul Ifta Birmingham
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This answer was collected from DarulIftaBirmingham.co.uk, which is run under the supervision of Mufti Mohammed Tosir Miah from the United Kingdom.

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