Category : Islamic finance

  • Islamic home finance

    I am looking into the option of Islamic Home Finance in Canada. Currently considering 1. Aya Financial http://ayafinancial.com 2. Zero Mortgage http://www.zeromortgage.ca/ 3. IjaraCDC <a hr...

    22 Aug 2019 Ref-No#: 2152
  • Bank

    ,السلام عليكم ورحمة الله وبركاته I’m thinking to start and open a Bank. As we know, we should not provide loans with requiring Interest (Riba, is the Cost of Borrowing Money). So my Business Model will be that I’ll provide loans to people and j...

    07 May 2019 Ref-No#: 1627
  • Discount pull

    I‘m going to go with my husband to Dubai. He doesn‘t understand all of islam fikh, and sometimes we have a lot of misunderstandings because of this. He wants to buy discount pull. It offers to get discounts from a lot of organizations in dubai. Is it permitted to buy this to get good discount...

    04 Feb 2019 Ref-No#: 1346
  • Sell and Leaseback in Islam

    Assalum a Alaikum Mufti Sahib, The answer to this question will not only help me but many others also. I have an opportunity to buy a hotel apartment in Pakistan.In technical terms it is called “sell and leaseback” deal .The scheme works like following: 1. I will ...

    11 Oct 2018 Ref-No#: 1079
  • Halal Mortgages in Canada

    Assalaamu Alaikum, I just wanted to know what your opinion is with regards to the Halal mortgage products provided by Aya Financial and Zero Mortgage in Canada. Whether or not, they really are Halal and Shariah compliant? If your findings suggest that they are not Halal, do you have...

    24 Sep 2018 Ref-No#: 1023