Category: Business Matters
Fatwa#: 40390
Asked Country: Canada

Answered Date: Jan 03,2019

Title: Ijara CDC

Question

Assalamualaikum Mufti sahab,can you please look into Ijara Canada conversion model for halal home financing and let me know if there structure is halal or not.   Here is the link

www. Ijaracdc.com

JazakAllah khair 

Answer

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

As-salaamu ‘alaykum wa-rahmatullaahi wa-barakaatuh.

Brother in Islaam,

We have perused through the website and have not found the information and details provided sufficient to issue a ruling. You may obtain their contract and related details and forward it to us at admin@daruliftaa.net for our observation and advice.

 

And Allaah Ta’aala Knows Best.

Muajul I. Chowdhury

Student, Darul Iftaa

Astoria, New York, USA

 

Checked and Approved by,

Mufti Ebrahim Desai.

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