The Majlis Archive
Finance - Banking - Business The Majlis Vol 25 No 06, p.12

Is the 'diminishing mushaarakah' system of buying-leasing a property compliant with the Shariah?

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 salelease deal. It is a haraam deal fabricated by Mufti Taqi.

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The Majlis Vol 25 No 06
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12

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