Financing house purchase in the west : buying a house on mortgage

Fatawa Question

I live with my husband in us we live in rent apartment we are planning to bay a house we have 20 % cash money for the price of this house. Now we pay about 800 $ monthly as rent if we buy this house we will pay about 1000 $ monthly about 700 $ as interest and 300 $ as part of the price of the house my question : is there any Fatwa about that, I heard there is Fatwa about that I need to know this Fatwa and all conditionals

Fatwa

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Publication Date

2002-10-07

Main Subjects

Financial and Accounting Sciences
Religion
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-725458

American Psychological Association (APA)

Qahf, Mundhir. 2002-10-07. Financing house purchase in the west : buying a house on mortgage. .
https://search.emarefa.net/detail/BIM-725458

Modern Language Association (MLA)

Qahf, Mundhir. Financing house purchase in the west : buying a house on mortgage. 2002-10-07.
https://search.emarefa.net/detail/BIM-725458

American Medical Association (AMA)

Qahf, Mundhir. 2002-10-07. Financing house purchase in the west : buying a house on mortgage.
https://search.emarefa.net/detail/BIM-725458