Is there an Islamic bank in Canada through which one can purchase a home without falling into usury?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
Refer to the Islamic organizations and associations in the countries concerned to inquire about companies and banks that offer Islamic services and adhere to guidelines. No judgment can be passed on any specific company or bank due to the lack of a complete understanding of the extent of its commitment to Sharia guidelines. The best approach is to benefit from the councils or bodies concerned with Muslim affairs in those countries.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/107466
Where this answer came from
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- Ftawy
- Original fatwa ID
- 107466
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy