Home » Hanafi Fiqh » Muftionline.co.za » Buying a House through Islamic Banking: Is it Allowed?
Q: Are we allowed to buy a house through Islamic Banking? Al Baraka Bank, Fnb Islamic Banking, etc.?
A: We are not clear of the workings of these banks. Hence we do not encourage this.
And Allah Ta’ala (الله تعالى) knows best.
Answered by:
Mufti Ebrahim Salejee (Isipingo Beach)
This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.
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