IslamQA.org Logo

The Ruling of Istisna’ Contract from Cities and Villages Development Bank

Answered according to Shafi'i Fiqh by Darul Iftaa Jordan
What is the Sharia ruling on Istisna` contract obtained from Cities and Villages Development Bank ?

Answer:
All perfect praise be to Allah. Blessings and peace be upon Prophet Mohammad: The Fatwa committee at the General Iftaa` Department reviewed the “Istisna`”(custom order) contract obtained from Cities and Villages Development Bank, and found that it is based on the integrals stipulated in Islamic law and has no religious prohibitions, so there is no harm in dealing with it.

This answer was collected from the official government Iftaa Department of Jordan.

Find more answers indexed from: Darul Iftaa Jordan
Read more answers with similar topics: