CamperdownDarul Iftaa Camperdown (Madrasah In'aamiyyah)

House Financing Options in Canada

English
Fatwa

Question

AWW

I WOULD LIKE TO KNOW IF THERE ARE ANY HALAL HOUSE FINANCING OPTIONS IN CANADA?

JAZKALLAH

Answer

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

As-Salāmu ‘Alaykum Wa-Rahmatullāhi Wa-Barakātuh.

Dear Brother/Sister in Islam,

We are aware that Manzil has a Shariah-compliance Approval Letter issued by Mufti Ebrahim Desai Saheb (Rahimahullah). However, it is important to ensure that the practical implementation of the procedure is carried out in accordance to the guidelines stated in the Approval Letter. This may be verified by the Shariah Audit Committee of the said company.

And Allah Ta’ala Knows Best.

Answered by
Owais Siddiqui, Student Darul Iftaa, Vancouver, Canada
Checked & approved by
Mufti Muhammad Zakariyya Desai.
View original Ask Camperdown directly

Fatawa SA is an independent, read-only index of fatawa already published by Darul Iftaa Camperdown (Madrasah In'aamiyyah). It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.