Examples of lack of justifying needs : buying a house to grab an opportunity
Fatawa Question
Assalamu Alaikum, I am currently living in the UK and I am planning to go and work in Saudi Arabia in the near future but before I go there I want to buy the house I am living in because if I don't buy it I will loose it and this house has been given to us from the council for ever to live in it as long as I am in the UK and I pay a relatively small rent compared to the market price as long as I am employed and because I might come back to live in the UK in the future InSha Allah I don't want to lose it given the fact that I will get it with a relatively cheaper price than the market price because it is a council property. My question is : am I allowed to take a loan from the bank to buy this house or not ? Many thanks. Hassan
Fatwa
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Publication Date
2002-02-16
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-725504
American Psychological Association (APA)
Qahf, Mundhir. 2002-02-16. Examples of lack of justifying needs : buying a house to grab an opportunity. .
https://search.emarefa.net/detail/BIM-725504
Modern Language Association (MLA)
Qahf, Mundhir. Examples of lack of justifying needs : buying a house to grab an opportunity. 2002-02-16.
https://search.emarefa.net/detail/BIM-725504
American Medical Association (AMA)
Qahf, Mundhir. 2002-02-16. Examples of lack of justifying needs : buying a house to grab an opportunity.
https://search.emarefa.net/detail/BIM-725504
