Financing house purchase in the west : should we sacrifice and pay rent ?
Fatawa Question
Assalamu Alaikum, Dear Dr, If it’s ok to buy a property on interest based mortgage, in what situation is Riba Haram ? Shouldn't we not take Riba or at least discourage Riba ; as our sacrifice in this life (by paying rent instead of buying etc.) will be compensated by ALLAH in the next life ? What do you think ? Thank you.
Fatwa
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Publication Date
2002-02-05
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-725426
American Psychological Association (APA)
Qahf, Mundhir. 2002-02-05. Financing house purchase in the west : should we sacrifice and pay rent ?. .
https://search.emarefa.net/detail/BIM-725426
Modern Language Association (MLA)
Qahf, Mundhir. Financing house purchase in the west : should we sacrifice and pay rent ?. 2002-02-05.
https://search.emarefa.net/detail/BIM-725426
American Medical Association (AMA)
Qahf, Mundhir. 2002-02-05. Financing house purchase in the west : should we sacrifice and pay rent ?.
https://search.emarefa.net/detail/BIM-725426
