A developer has initiated a project of freehold property construction, which is supposed to be sold to end buyers after completion
Fatawa Question
A developer has initiated a project of freehold property construction, which is supposed to be sold to end buyers after completion. The developer seeks finance from an Islamic bank to meet the costs of completion of the remaining phases of the development. Can a Shariah compliant structure be used in order to finance the requirements of the developer ?
Fatwa
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Publisher
Publication Date
2013-07-24
Country of Publication
Malaysia
Main Subjects
Economics & Business Administration
Islamic Studies
Data Type
Fatawa
Language
English
Record ID
BIM-784606
American Psychological Association (APA)
Hassan, Husayn Hamid. 2013-07-24. A developer has initiated a project of freehold property construction, which is supposed to be sold to end buyers after completion. . Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-784606
Modern Language Association (MLA)
Hassan, Husayn Hamid. A developer has initiated a project of freehold property construction, which is supposed to be sold to end buyers after completion. Kuala Lumpur Malaysia : Islamic Finance News. 2013-07-24.
https://search.emarefa.net/detail/BIM-784606
American Medical Association (AMA)
Hassan, Husayn Hamid. 2013-07-24. A developer has initiated a project of freehold property construction, which is supposed to be sold to end buyers after completion. Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-784606
