Al-Rayan Bank Home Purchase Plan
Question:
Is it permissible to buy a house using the home purchase plan of Al-Rayan Bank?
بسم الله الرحمن الرحیم
Answer:
We have not reviewed the Bank’s products and are therefore unable to comment on the matter. The Bank has a Shariah Board which you may wish to refer to.
Allah knows best
Yusuf Shabbir
9 Muḥarram 1443 / 18 August 2021
Approved by: Mufti Shabbir Ahmed and Mufti Muhammad Tahir