Asalam o alykum,
I am looking for Islamic finance to buy a house. Some one asked same question before about icfal and efsol.
About ICFAL you replied that you are discussing with them about some changes in terms and to make it 100% Sharia compliance. Just want to know if Icfal has done necessary amendments and is it halal now?
I contacted EFSOL but they are not willing to share detailed terms and conditions with a customer before signing contract for loan but they agreed to discuss with a Mufti for clients satisfaction. Could you please arrange a meeting with them to find out if this product is halal.
In the Name of Allah, the Most Gracious, the Most Merciful.
As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuhu
Your question refers.
And Allah Ta’āla Knows Best
Mufti Ebrahim Desai