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Finance for home

Last updated: 22nd September 2022
Question ID: #7536
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السلام عليكم و رحمةالله و بركاته I am looking into buying a house and I am researching into few islamic finance providers. In the mean time I came across this website. I would like to have some guidance in the financial system offered by the following website. Should a Muslim be pursuing it. https://frontya.com.au/faqs



بسم الله الرحمن الرحيم

الجواب حامداومصليا

This does not follow the Shariah compliancy model of financing a home. One should look for Shariah compliant mortgage model with Ulamaa supervisory board.

And Allah knows best .

01 Rabiul Awwal 1444/ 27 September 2022

Mufti
Answer last updated on:
28th September 2022
Answered by:
Ulamaa ID 04
Website
Location: London