I don’t have enough knowledge about their dealings but I know they don’t lend people money. They sell them products in installments.

Therefore, if they sell you something they already possess without any commitment from you or down payment to buy it and if you buy it and sell it yourself somewhere else, this is permissible.

What is your view about Dubai islamic bank.. Is it really islamic.They have shown a no. of Fatwa to claim the bank to be islamic.

Riba |