Home mortgage in western countries : getting a Riba mortgage to buy a house

السؤال

Essalam Aleikum We live in Canada together with my spouse and two children, Elhamdoul'llah so far we have respected every basic aspect of our beloved religion, but lately as our kids have reached the age to be schooled we chose an Islamic school they can go to which unfortunately is paid and not free. since we are not compromising on our kids education we are willing to pay the price no matter how high it is. However, we are renting a small apartment right now and may have to move to get closer to this Islamic school which means that our rent will increase as the schools are usually in residential neighborhoods. We both work so that we can afford both rent and education which take more then 2 / 3 of our combined salaries. This is why we cannot afford to save for a house the Halal way. Now that I have exposed my situation, I would like to ask you Djazakoum Allah Kheiran whether this is enough for us to seek a Riba mortgage to get the house close to the Islamic school and save the money we waste on the rent. May Allah reward you !!

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

تاريخ النشر

2007-03-12

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

عدد الصفحات

1

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-785679

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• AMA