Examples of lack of justifying needs : buying a residence in Sidney by a person living in Indonesia
Fatawa Question
In the name of Allah, most gracious, most merciful. All praise and thanks are due to Allah, and peace and blessings be upon his messenger. Dear brother in Islam, I wish to ask a few questions : 1. I want to buy a house in Sydney, but all the banks in Australia are involved with charging interest on the term of the loan. My question is, is it considered Riba in Islam if I buy a house and paying interests for 25 years ? 2. What are Islam's views on the stock market ? I am interested in investing in financial markets, but wish to find out more from Islam's perspective. I thank you for the answers. All praise and thanks are due to Allah, and peace and blessings be upon his messenger.
Fatwa
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Publication Date
2002-02-06
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-725501
American Psychological Association (APA)
Qahf, Mundhir. 2002-02-06. Examples of lack of justifying needs : buying a residence in Sidney by a person living in Indonesia. .
https://search.emarefa.net/detail/BIM-725501
Modern Language Association (MLA)
Qahf, Mundhir. Examples of lack of justifying needs : buying a residence in Sidney by a person living in Indonesia. 2002-02-06.
https://search.emarefa.net/detail/BIM-725501
American Medical Association (AMA)
Qahf, Mundhir. 2002-02-06. Examples of lack of justifying needs : buying a residence in Sidney by a person living in Indonesia.
https://search.emarefa.net/detail/BIM-725501
