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i. Ensure that the bank is Sharia compliant
ii. Ensure that the loan to be taken will not attract any interest.
iii. Prove that the money given as loan has been generated through lawful means i.e. the bank should not engage in haram acts to make profits.
iv. Ensure that there are witnesses to the loan transaction.
v. The agreement on the loan between him/her and the bank should be written down.
vi. Managers/ custodians of the bank should be Muslims who understand the Shariah regarding loan transactions.
vii. Should understand the terms of the agreement before signing for the loan.
Kavungya answered the question on June 21, 2019 at 10:12
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