Examples of lack of justifying needs : buying an apartment in the USA

Fatawa Question

I live in Virginia, in the United States of America. I recently got married, and I and my husband need a place to live. He is the only one that is working and has to pay for my college. He makes about 40,000 dollars a year. We cannot afford to pay cash for an apartment. If we rent, then we will never save enough money to have the cash to later buy the apartment. Is there any way that we can mortgage the apartment ?

Fatwa

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Publication Date

2001-03-13

Main Subjects

Financial and Accounting Sciences
Religion
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-725491

American Psychological Association (APA)

Qahf, Mundhir. 2001-03-13. Examples of lack of justifying needs : buying an apartment in the USA. .
https://search.emarefa.net/detail/BIM-725491

Modern Language Association (MLA)

Qahf, Mundhir. Examples of lack of justifying needs : buying an apartment in the USA. 2001-03-13.
https://search.emarefa.net/detail/BIM-725491

American Medical Association (AMA)

Qahf, Mundhir. 2001-03-13. Examples of lack of justifying needs : buying an apartment in the USA.
https://search.emarefa.net/detail/BIM-725491