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

Fatawa Question

I am a Muslim Alhamdu Li Allah, living in Australia. I have asked a few Muslim sheiks here in my area in regards to borrowing money from the bank for my first house. There seems to be great debate as to whether this is permissible or not in Islam. Recently, a fatwa was issued, stating something on the lines that people in foreign countries with no Islamic law are permitted to purchase their first house with interest. So is this the case or not. Please confirm for me this situation.

Fatwa

Click hereto view more

Publication Date

2002-05-23

Main Subjects

Financial and Accounting Sciences
Religion
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-725448

American Psychological Association (APA)

Qahf, Mundhir. 2002-05-23. Financing house purchase in the west : buying a house in Australia. .
https://search.emarefa.net/detail/BIM-725448

Modern Language Association (MLA)

Qahf, Mundhir. Financing house purchase in the west : buying a house in Australia. 2002-05-23.
https://search.emarefa.net/detail/BIM-725448

American Medical Association (AMA)

Qahf, Mundhir. 2002-05-23. Financing house purchase in the west : buying a house in Australia.
https://search.emarefa.net/detail/BIM-725448