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Question: Is Absa Bank Islamic Banking Shari'ah compliant?
Answer: Fatwaa no. 048/07
According to our knowledge Absa bank's Islamic Banking is Shari'ah compliant and Muslims can open such accounts. They have their own Shari'ah Advisory Board to guide them. P.S. We would like to apologise for the delay in answering your question as our phone lines were down for quite a while. Please accept our apologies. And Allah Ta’ala knows best Mufti Muhammad Ashraf Darul Iftaa Jameah Mahmoodiyah Springs 15 February 2007 26 Muharram 1428 |
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