Q: Are the Home Purchase and Buy to let products offered by Al Rayan Shari’ah compliant?
A: Al Qalam Shariah Panel have not audited Al Rayan bank’s products hence we are not able to comment on their shariah compliance.
Each of the banks that offer Shari’ah compliant home purchase plans have a panel of external scholars who have validated the shari’ah compliance of any given product. We would suggest you review their certification.
Al Qalam Shari’ah Panel