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islamic mortgage

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#1 [Permalink] Posted on 1st November 2015 20:25
I heard that mufti taqi usmani sab db does not approve of the Islamic mortgage schemes anymore. Is this true?
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#2 [Permalink] Posted on 2nd November 2015 11:28
Yes thats true, banks were adding their own terms and conditions etc and using mufti sahebs name to sell their mortgages which weren't Islamic at all just in name sadly.

Ask any local scholar and they should be able to confirm it for you.

Not sure if mufti saheb made an official statement after that or not. Walahualam
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