Financing house purchase in the west : buying a house on mortgage in the USA : [2]
Fatawa Question
Assalamu Alaikum I just wanted to know weather it's forbidden or legal to buy a house through a loan from the bank, keeping in mind that we cannot afford buying a house in cash, and in case of buying it, we will have to pay interest to the bank. And also could it be used as a business in the future (renting the house to some other people as a source of income to my family). Thank you and my Allah reward you all.
Fatwa
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Publication Date
2003-02-03
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
2
Data Type
Fatawa
Language
English
Record ID
BIM-725469
American Psychological Association (APA)
Qahf, Mundhir. 2003-02-03. Financing house purchase in the west : buying a house on mortgage in the USA : [2]. .
https://search.emarefa.net/detail/BIM-725469
Modern Language Association (MLA)
Qahf, Mundhir. Financing house purchase in the west : buying a house on mortgage in the USA : [2]. 2003-02-03.
https://search.emarefa.net/detail/BIM-725469
American Medical Association (AMA)
Qahf, Mundhir. 2003-02-03. Financing house purchase in the west : buying a house on mortgage in the USA : [2].
https://search.emarefa.net/detail/BIM-725469
