Darul Iftaa Mahmudiyyah

HBZ Shari’a bank - Is it approved by Mufti Ebrahim Desai?

· 21 Rabiʻ I 1442 AH1 min readFatwa 46483English

Question

As salaam wa alykum

Hbz bank has on their website that they are shariah compliant and approved by muftisaab...is that correct.

Answer

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

As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh.

Respected Brother,

The HBZ Shari’a banking system is Shariah compliant and has been checked and approved by Mufti Ebrahim Desai Saheb. You may use the Shari’a banking services provided by HBZ Islamic bank.

And Allah Ta’āla Knows Best

Ahmad Patel

Student Darul Iftaa

South Africa

Checked and Approved by,
Mufti Ebrahim Desai.

Answered by
Ahmad Patel
Checked & approved by
Mufti Ebrahim Desai
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Source: Darul Iftaa Mahmudiyyah — https://askimam.org/public/question_detail/46483
Fatawa SA: https://fatawa.co.za/fatwa/askimam-46483

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