Financing house purchase in the west : necessities again

السؤال

My question is regarding what you call necessity of getting a mortgage in the US for buying a home. We are a family of three. We can continue rent a house or an apartment but that is starting to drain our financial resources. Also, we would like to have house with larger space because of increasing need for space and better living conditions. Is any of the above two conditions considered necessity in Shaikh Qaradawi Fatwa for getting a mortgage ? The definition of necessity was not made clear. Some Shaikhs consider the above two conditions necessity other Shaikhs considered the necessity is when you will end up in the street or loose a life. Also notice that I check Islamic banking in the us and found them very expensive compared to the traditional US mortgage. To me Islamic banking is not affordable at this time. Salam Alaikum ;

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2001-12-02

التخصصات الرئيسية

العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• الرهن العقاري

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-725407

• APA
• MLA
• AMA