Contemporary Laws

Ijara Muntahiyya Bit-Tamleek

Question (#043) Assalamualikum. In a Islamic financial transaction –  Ijarah Muntahia Bittamleek , can the lessor avoid risk and reward by giving the whole risk and reward to the lessee ? Answer بسم الله الرحمن الرحيم السلام عليكم و رحمة الله و بركاته حامدا و مصليا و مسلما Muhtaram We have received your query dated…

Purchasing a house on interest

Question (#037) Asalam o Alliqum respected Mufti sahib, I have a query regarding buying a house on conventional Mortgage. I am currently living in New Zealand and have a plan to live here for long. My current situation is that I am renting a 3 bedroom house. The rents are increasing almost every year. It…