An Islamic bank is preparing to launch home finance product for its customers

السؤال

An Islamic bank is preparing to launch home finance product for its customers. The product is based on Ijarah Muntahiya Bittamlik (financial lease), through which the bank will purchase the property from the market and lease it to the customer. The customer will pay the amount of investment made by the bank on purchasing the property along with the return on that investment in the form of rental. In order to mitigate the risks associated with the product, Shariah guidance is sought by the bank to know what action, that is permissible in Shariah, an Islamic bank can take in case the customer stops paying rental.

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

الناشر

Islamic Finance News

تاريخ النشر

2014-09-24

دولة النشر

ماليزيا

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-783182

• APA
• MLA
• AMA