A customer has sought a financing facility from an Islamic bank in order to procure a running commercial property from a third-party seller

Fatawa Question

A customer has sought a financing facility from an Islamic bank in order to procure a running commercial property from a third-party seller. Since the commercial property may have various types of businesses, Shariah guidance is required on how to ensure that no business operating in the commercial property would cause any Shariah issue. Also, which structure should be used for financing by the Islamic bank ?

Fatwa

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Publisher

Islamic Finance News

Publication Date

2017-06-11

Country of Publication

Malaysia

Main Subjects

Economics & Business Administration
Islamic Studies

Data Type

Fatawa

Language

English

Record ID

BIM-783531

American Psychological Association (APA)

Hassan, Husayn Hamid. 2017-06-11. A customer has sought a financing facility from an Islamic bank in order to procure a running commercial property from a third-party seller. . Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-783531

Modern Language Association (MLA)

Hassan, Husayn Hamid. A customer has sought a financing facility from an Islamic bank in order to procure a running commercial property from a third-party seller. Kuala Lumpur Malaysia : Islamic Finance News. 2017-06-11.
https://search.emarefa.net/detail/BIM-783531

American Medical Association (AMA)

Hassan, Husayn Hamid. 2017-06-11. A customer has sought a financing facility from an Islamic bank in order to procure a running commercial property from a third-party seller. Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-783531