Alternatives to interest home financing : buying a house in the USA from builders
Fatawa Question
The question is about buying a home in USA from companies that provide both homes and financial services (mortgage). Is it permissible to get a home mortgage from those companies which sells you the house and provide the home buyer with a mortgage also ?. There is third-party involvement such as banks. Some people say it is Halal since these companies owns the properties (lands, houses, etc.) and they sell it to you by providing the consumer with their own mortgage.
Fatwa
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Publication Date
2003-01-26
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-725393
American Psychological Association (APA)
Qahf, Mundhir. 2003-01-26. Alternatives to interest home financing : buying a house in the USA from builders. .
https://search.emarefa.net/detail/BIM-725393
Modern Language Association (MLA)
Qahf, Mundhir. Alternatives to interest home financing : buying a house in the USA from builders. 2003-01-26.
https://search.emarefa.net/detail/BIM-725393
American Medical Association (AMA)
Qahf, Mundhir. 2003-01-26. Alternatives to interest home financing : buying a house in the USA from builders.
https://search.emarefa.net/detail/BIM-725393