Financing house purchase in the west : buying house in the USA

السؤال

I am a married person living with my wife and 1 child. I have been in USA for five years, living in apartments and paying rents. Now I am thinking to buy a house for me and my family. I do not have resources to buy the house on cash. The Islamic institutions that provide funding here in Texas have a waiting period of 2 years plus I have to deposit 10,000 for 2 years to qualify. The other company requires 30 to 40 % down payment and closing of loan in 7 to 10 years. I have read on your site that according to Shaikh Qaradawi Muslims can buy houses on mortgage in US if they cannot buy it on cash or from Islamic finance institutions. I would like to confirm this (buying a house on mortgage) in my situation.

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2002-05-02

التخصصات الرئيسية

العلوم المالية و المحاسبية
الأديان
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• الإسكان
• الشراء
• الولايات المتحدة الأمريكية

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-725443

• APA
• MLA
• AMA