Home loans

· 8 Dhuʻl-Qiʻdah 1436 AH1 min readEnglish

Question

I have come to know about this company efsol.com.au they provide halal home loans. I'm sending you a link of their sample contract. They have information on their website too. Please help me. I have got pre-approval from the company for a loan. I'm waiting for your approavl. May Allah guide us the right path. Jazakallah Sample contract: https://m.box.com/shared_item/https%3A%2F%2Fapp.box.com%2Fs%2Fx5jppkdwp…

Answer

We do not seem to be too clear regarding the workings of the company. Hence, we advise you to refrain from this scheme.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
Questions about this ruling, answered only from the archive with sources.

Where scholars differ, it’s safer to take the more cautious view.

Fatawa SA is an independent, read-only index of fatawa already published by Mufti Online — Madrasah Ta'leemuddeen. It is not a fatwa service. For your own situation, please ask a Mufti. Report an issue

For corrections or mistakes, please email us at fatawasa786@gmail.com.

People also ask

Is taking a home loan (bond) permissible?

“Mufti Ebrahim Desai Sahib does not know anything about William John HV Bond and has not approved it. GIFS is an independent organization and not related to the Darul Iftaa.”

Ask Imaam · 109 fatawa from 6 Darul Iftas on this

What the Darul Iftas say