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Financing house purchase in the west : buying on mortgage or renting in UK
Fatawa Question
What is the Islamic view on the western mortgage. I only ask because this is such a contradictory subject as a portion of the people will say Halal and another will say Haram. Please note that bearing in mind the price of renting property can, depending on your location in the world, often be higher than paying off a mortgage, not to mention the family that needs to be supported also. Is it therefore Halal in certain circumstances and Haram in others ?
Fatwa
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Publication Date
2003-01-15
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
2
Data Type
Fatawa
Language
English
Record ID
BIM-725463
American Psychological Association (APA)
Qahf, Mundhir. 2003-01-15. Financing house purchase in the west : buying on mortgage or renting in UK. .
https://search.emarefa.net/detail/BIM-725463
Modern Language Association (MLA)
Qahf, Mundhir. Financing house purchase in the west : buying on mortgage or renting in UK. 2003-01-15.
https://search.emarefa.net/detail/BIM-725463
American Medical Association (AMA)
Qahf, Mundhir. 2003-01-15. Financing house purchase in the west : buying on mortgage or renting in UK.
https://search.emarefa.net/detail/BIM-725463