Question Summary: Is the following institution shariah compliant? Question Detail:
I am planning to study in london, and the way i am going to pay my tuition fees and other expenses over there is that i am keeping my house mortgage, the institution i am keeping my house mortgage claims to be shariah compliant. i have friends in london they will be able to arrange for a partime job for me through which i would be able to earn enough to pay back the loan and bear my expenses in london. below are the links for the company i am planning to take loan from. http://www.hbfcl.com/index.html
Answer :
In the Name of Allah, the Most Gracious, the Most Merciful. As-salāmu ‘alaykum wa-rahmatullāhi wa-barakātuh. In order to comment on the Shariah compliancy of the institution in reference you may forward us a copy of their contract. And Allah Ta’āla Knows Best Mawlana Mohammed Patel, Student Darul Iftaa Lusaka, Zambia Checked and Approved by, Mufti Ebrahim Desai.
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