Are the following Islamic Finance Products Shariah compliant?

Q: Can you please advise as to whether the following Islamic Finance Products are Shariah compliant (Permissable):

  1. FNB Islamic Finance Cheque Account & Youth Account
  2. FNB Islamic Finance Vehicle Finance
  3. FNB Property Finance

A: We do not endorse any product. If you wish, you may show us the details of the products that you are not clear of. We will examine them and let you know whether it is permissible or not.

 

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)