Message No : 21Sr.No : 257/725
Question By : Muhammad Arif

Asslamo Alikum Warehmatullah Hazrat e Girami Qadar:mein aap se RIBA FREE banking k barey mein janna chahata hon,kia yeh PAKISTAN mein kisi bank mein hai? Because mein house loan leyna chahata aisa kerna mere liye durust hai,agar yeh PAKISTAN mein kisi bank mein hai tu please mujh ko batayye? Wasslam: Muhammad Arif (U.A.E)


Reply By : Mohd. Shihabuddin Qasmi
Designation : Mufti, ODI, MMERC, Mumbai 

(It is highly regretted that the answer couldn¡¯t reach you in time because of some individual engagement. We are, indeed, thankful to you for visiting our site and posting your question to ¡°One line Darul Ifta¡±. We will be more than happy for your visiting the site again and again.)

In the name of Allah, All Gracious, All Merciful
Wa Alaikumussalam
Dear Brother in Islam,

The answer to your question is as follows:

As far as my knowledge is concerned, there is hardly any Islamic bank in Pakistan but there is a branch of HSBC bank in Dubai and other countries also which deals with Islamic finance such as home loan car loan etc. Mufti Taqi Wasmani, one of the greatest Muftis of Indian Sub-continents, is the supervisor and other prominent Muftis are members of the consultative board of Islamic finance. You can get information about home loan from this bank.

And Allah knows the best,

To view complete list of questions posted on the topic Click Here

To post your Question Click Here.

Eastern Cresent
Current Issue October 2012
Click here to join markazulmaarif E-Groups on Yahoo!