Islamic banking and Islamic windows : Islamic banking windows

Fatawa Question

Assalamu Alaykum In Morocco, banks whose majority of transactions is based on Riba have recently opened counters that provide customers with services that meet the Shari’ah. Can we obtain credit without Riba from these banks to buy a house ? The bank buys the house, sells it to the customer against monthly rent with transfer of ownership at the end. Can we deal with this kind of bank where the majority of transactions are Haram ? Can we trust these banks ? Is it risk that the money Halal mixes with money Haram ? Please answer me quickly

Fatwa

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Publication Date

2008-08-23

Main Subjects

Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-730652

American Psychological Association (APA)

Qahf, Mundhir. 2008-08-23. Islamic banking and Islamic windows : Islamic banking windows. .
https://search.emarefa.net/detail/BIM-730652

Modern Language Association (MLA)

Qahf, Mundhir. Islamic banking and Islamic windows : Islamic banking windows. 2008-08-23.
https://search.emarefa.net/detail/BIM-730652

American Medical Association (AMA)

Qahf, Mundhir. 2008-08-23. Islamic banking and Islamic windows : Islamic banking windows.
https://search.emarefa.net/detail/BIM-730652