Question
Is ABSA Bank Islamic finance permissible? I have seen the signatures of four Ulema on ABSA's Certificate of Shariah Compliance.
Answer
The signatories are of the breed known as 'Scholars for Dollars'. They are members of the gang of ulama-e-soo'. The products of ABSA Bank and all banks are haraam Riba dealings. Do not be deceived by the junk 'shariah compliance certificates' issued by these Kilaabud Dunya whose Maqsood of life is this dunya an fulfilment of the shahwaat of the nafs. There is no scheme offered by any of these riba capitalist banks which is Shariah compliant. It is haraam to invest in these banks. These Scholars for Dollars halaalize Riba just as SANHA halaalizes Maitah (Carrion).
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 23 No 06
- PDF page
- 3
Appears under Questions and Answers (approximate).