Question
Is the 'diminishing mushaarakah' system of buying-leasing a property compliant with the Shariah?
Answer
This agreement is in conflict with the Shariah. In the past we had written a detailed refutation of this type of sale-lease deal. It is a haraam deal fabricated by Mufti Taqi.
- Source
- themajlis.co.za
- Published in
- The Majlis Vol 25 No 06
- PDF page
- 12
Appears under WIDESPREAD VIOLENCE (approximate).