Asalaam aklyum ramhatallah, shaykh, my family is growing I need a bigger house, please explain to me is Ijara loan allowed to deal with or not? jazakhallah kahr

AAWW

Depends on the way they conduct the transaction, the basis of forming a (trust) to own the property, as well as the involvement of ant other conventional mortgage company in this process.

In many cases, they do not pay their share to establish the (trust), rather they ask their client to get his loan request approved by a conventional mortgage company, and then they interfere and convert (as they claim)  the transaction into a Sharia compliant one! Apparently, this mode of finance is rejected.

  So far, no sufficient justification has been provided by the aforementioned company on how they consider it Sharia compliant. Consequently, I disapprove it until further clarification furnished.