[Ijarah conversion product]

Fatawa Question

Asalamu Alaykum, Is Ijarah conversion product Halal ? Ijarah is providing the Shari’ah compliant mortgage conversion in Canada. How it works ? Ijarah is asking me to get the mortgage approve from conventional bank and send the document to Ijarah and they will re-structure the transaction according to Shari’ah and I don't have to pay any interest. Also Bank's interest rate and terms will remain same.

Fatwa

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Publication Date

2011-08-29

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-732905

American Psychological Association (APA)

Qahf, Mundhir. 2011-08-29. [Ijarah conversion product]. .
https://search.emarefa.net/detail/BIM-732905

Modern Language Association (MLA)

Qahf, Mundhir. [Ijarah conversion product]. 2011-08-29.
https://search.emarefa.net/detail/BIM-732905

American Medical Association (AMA)

Qahf, Mundhir. 2011-08-29. [Ijarah conversion product].
https://search.emarefa.net/detail/BIM-732905