Q: I wish to buy a house but don’t have enough means except to borrow from a bank. What shall I do? Are there any banks in South Africa which offer Islamic house financing?
We cannot vouch for any bank whether they are halaal or not. Many a times, their constitutions are corrupt, and if they are right then many of the staff do not understand the concepts or do not apply the concept correctly. Hence we are not in the position of guiding you to any bank.
And Allah Ta’ala (الله تعالى) knows best.
Mufti Zakaria Makada
Checked & Approved:
Mufti Ebrahim Salejee (Isipingo Beach)
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