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Musharakah

Answered according to Hanafi Fiqh by Muftionline.co.za

Q: Is Musharakah financing halal in islam? what are the main things to be consider when looking to get halal mortgages?

Bismillaah

A: Banks and institutes have coined certain terms. Until we do not know their exact workings we cannot comment.

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.

Find more answers indexed from: Muftionline.co.za

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