House Financing Options in Canada

Question:

AWW

I WOULD LIKE TO KNOW IF THERE ARE ANY HALAL HOUSE FINANCING OPTIONS IN CANADA?

JAZKALLAH

Answer:

In the Name of Allah, the Most Gracious, the Most Merciful.

As-Salāmu ‘Alaykum Wa-Rahmatullāhi Wa-Barakātuh.

Dear Brother/Sister in Islam,

We are aware that Manzil has a Shariah-compliance Approval Letter issued by Mufti Ebrahim Desai Saheb (Rahimahullah). However, it is important to ensure that the practical implementation of the procedure is carried out in accordance to the guidelines stated in the Approval Letter. This may be verified by the Shariah Audit Committee of the said company.

And Allah Ta’ala Knows Best.

Owais Siddiqui

Student Darul Iftaa
Vancouver, Canada

Checked and Approved by,
Mufti Muhammad Zakariyya Desai.