Question
Assalamo Alikum,
I am looking to purchase a house through Devon Islamic financing. I wanted to ask if the Shariah board has recently reviewed the Murabaha contract and if it is in line with Shariah requirements? JZK,
Answer
بِسْمِ اللهِ الرَّحْمٰنِ الرَّحِيْمِ
الجواب وباللہ التوفیق
بسم اللہ الرحمن الرحیم
:The initial arrangement of financing by Devon Bank was based on Shariah principles. However, it’s business operations are currently under review for re-evaluation.
والسلام
Fatawa ID: 1762
فقط واللہ اعلم بالصواب