{"id":17250,"date":"2020-10-22T21:38:50","date_gmt":"2020-10-22T21:38:50","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/?p=17250"},"modified":"2020-10-22T21:38:50","modified_gmt":"2020-10-22T21:38:50","slug":"manzil-financing","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/manzil-financing\/","title":{"rendered":"Manzil Financing"},"content":{"rendered":"

\n\tFatwa ID: 04242<\/strong><\/span><\/span>\n<\/p>\n

\n\tAnswered by: Maulana Muqtaur Rahman<\/span><\/span><\/strong>\n<\/p>\n

\n\t \n<\/p>\n

\n\tQuestion<\/u><\/b><\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tHave you looked into Manzil financing?<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\t \n<\/p>\n

\n\t\u0628\u0650\u0633\u0652\u0645\u0650 \u0627\u0644\u0644\u0647\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0652\u0645\u0646\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0650\u064a\u0652\u0645<\/span><\/span><\/strong>\n<\/p>\n

\n\tIn the name of Allah, the Most Gracious, the Most Merciful<\/u><\/b><\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tAnswer:<\/u><\/b><\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tManzil is an Islamic Financing platform whereby Muslims can benefit from their halal financing facilities and sharia-compliant investing services.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tThe Manzil institution works towards providing their customers services based on a Murabahah based contract.<\/span><\/span>\n<\/p>\n

\n\t[https:\/\/manzil.ca\/why-you-should-consider-a-halal-mortgage\/<\/a>]<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\t“<\/a>Murabahah” in Islamic jurisprudence refers to that transaction where the seller and the purchaser both agree on a price of a product based on the original price paid, along with a certain profit added.<\/span><\/span>\n<\/p>\n

\n\t[Hidayah, v.5 p.152, Bushra Prints]<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tManzil also has partnered with the world-renowned Islamic Finance Advisory and Assurance Services (IFAAS). The team consists of scholars for certification, auditors, and finance managers. Their certifications are available on their website for further reading.<\/span><\/span>\n<\/p>\n

\n\t[https:\/\/manzil.ca\/about\/certifications\/<\/a>]<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tTherefore, we do not see any areas of transaction in which Manzil does not comply with the teachings of Islamic jurisprudence.<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\t \n<\/p>\n

\n\tOnly Allah knows best<\/span><\/span>\n<\/p>\n

\n\tWritten by Maulana Muqtaur Rahman<\/span><\/span>\n<\/p>\n

\n\tChecked and approved by Mufti MohammedTosir Miah<\/span><\/span>\n<\/p>\n

\n\tDarul Ifta Birmingham<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\t <\/p>\n","protected":false},"excerpt":{"rendered":"

Fatwa ID: 04242 Answered by: Maulana Muqtaur Rahman   Question   Have you looked into Manzil financing?     \u0628\u0650\u0633\u0652\u0645\u0650 \u0627\u0644\u0644\u0647\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0652\u0645\u0646\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0650\u064a\u0652\u0645 In the name…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/17250"}],"collection":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=17250"}],"version-history":[{"count":3,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/17250\/revisions"}],"predecessor-version":[{"id":17284,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/17250\/revisions\/17284"}],"wp:attachment":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=17250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=17250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=17250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}