بسم الله الرحمن الرحيم
All
Praises are for Allah and may Allah send His Peace and Blessings upon Muhammad,
his family and all those who follow him in goodness until the Last Day. To
begin:
This
book was authored by the Shaykh long before the advent of Islamic mortgages
that currently exist in the West. Therefore, this book is not a description on
how to buy an Islamically compliant asset whilst living in the West, rather it
is a book which extracts from the books of Fiqh on the many ways that the
scholars have stated are permissible for us to acquire an asset.
Therefore,
this book is not an attempt to clarify, or even rectify the current and ever
changing Islamic finance modules that exist, rather it is to illustrate the various
types of transactions which are Islamically valid.
The
Shaykh gives ten types of Islamically valid purchases; their rulings, their forms
and as an added benefit, which could hopefully add advice to the would-be
investor/purchaser, the Shaykh lists a number of advantage and disadvantages to
each type of trade.
Please
note, all of these can be applied to the purchase of any item, be it a house, a
car or otherwise.
We
ask Allah to make this beneficial and that Allah, the Most High, Rewards the
Shaykh for his efforts, and that He Alleviates the pressures off the Muslim
Ummah, and that He Blesses them with whatever He Grants them.
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