Category: Business Matters
Fatwa#: 37011
Asked Country: South Africa

Answered Date: Oct 31,2016

Title: Shariah compliant financial institutions for the purchasing of a house in South Africa


Asalaam Alykum,


Please can you advide if you know of any halaal financial institutions for the purchasing of a house in South Africa ?


JazakAllah Katheeran

Cape Town

South Africa


In the Name of Allah, the Most Gracious, the Most Merciful.

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

If you come across any Financial Institution that offers Shariah Compliant financing for a house, you may obtain a copy of the contract and forward to us for our observations and guidance.

You may forward the documents to

And Allah Ta’āla Knows Best

Safwaan Ibn Ml Ahmed Ibn Ibrahim

Student Darul Iftaa
Limbe, Malawi 

Checked and Approved by,
Mufti Ebrahim Desai.

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