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

السؤال

As Salaam Alaikum : is there any difference in interest (Riba) from the bank and buying a home or car ? Notes : because I live with my Mother and younger brother and we pay 600 dollars a month for a 1 bedroom apartment. And there are homes around our city for 520 dollars a month including interest for 4 bedrooms house. Is that Haram to pay interest for a home ? And about the car I am a student and I have to ride public transportation because if I pay payment on a car which is $ 320 for a month including interest I was told it would be Riba and that’s Haram. Can you help me understand better about Riba. Jazakallah Khairan sorry for the long notes. Best regards

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2003-03-07

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
العلوم المالية و المحاسبية
الدراسات الإسلامية

الموضوعات

• الفقه الإسلامي
• الاقتصاد الإسلامي
• التمويل
• القروض
• الشراء
• العالم الغربي
• الربا

عدد الصفحات

2

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-725480

• APA
• MLA
• AMA