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**prpaims** · 01-11-2011, 03:18 AM

br. drjash,

Have you looked into diminishing Musharakah from one of the Islamic Banks? It helps you do just that with the shar'i mortgage system. Please read through the chapter on dimishing musharakah in Mufti Taqi Saheb's "Introduction to Islamic Finance".

Here is a brief info about it from Mufti Ebrahim Desai's talk. (Sorry for the poor quality)

Unfortunately these products are not available for the shared ownership part buy part rent homes available in the UK.

What are the knowledgeable brothers views on the Fatwa below:

http://www.eshaykh.com/halal_haram/p...der-necessity/

Particularly the part about the earlier Hanafi Jurists allowing interest based transactions in non-muslim countries?

Thanks for all your help. May Allah bless you all.

01-11-2011, 03:18 AM	#4
prpaims Join Date Oct 2005 Posts 520 Senior Member	br. drjash, Have you looked into diminishing Musharakah from one of the Islamic Banks? It helps you do just that with the shar'i mortgage system. Please read through the chapter on dimishing musharakah in Mufti Taqi Saheb's "Introduction to Islamic Finance". Here is a brief info about it from Mufti Ebrahim Desai's talk. (Sorry for the poor quality) Unfortunately these products are not available for the shared ownership part buy part rent homes available in the UK. What are the knowledgeable brothers views on the Fatwa below: http://www.eshaykh.com/halal_haram/p...der-necessity/ Particularly the part about the earlier Hanafi Jurists allowing interest based transactions in non-muslim countries? Thanks for all your help. May Allah bless you all.
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