Nterest-based financing of house and car is prohibited : rationale for the Fatwa on mortgage

السؤال

Dear Dr. Monzer, Assalamu Alaikum It seems to be that a lot of Muslims are keen to know more about Zakah rulings, especially in the blessed month of Ramadan. We have received to following two questions, somehow they are related to the ones that you have answered before : 1. What is the current resolution on getting the mortgage loan which is interest and is not allowed in Islam, according to my understanding, under any circumstances ? 2. Is Zakah due on land purchased, on cash basis of course, to build your own home on it in the future like in two to three years or more for that matter. Blessed Eid

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2001-12-13

التخصصات الرئيسية

العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• الزكاة
• الرهن العقاري

عدد الصفحات

2

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-725365

• APA
• MLA
• AMA