Examples of lack of justifying needs : who determines a person’s need ?

Fatawa Question

I am referring to my question raised a couple of weeks ago and your answer to it by Mufti Dr. Monzer Kahf with reference 5 M 8 CK 7. I first want to thank you very much for the effort you are making to guide us through this darkness. However, I would like to comment on the answer I have been given by the mufti. Firstly, I think he got the perception that I am grabbing an opportunity from the way I put my question because I said I am planning to go and work in Saudi Arabia and I don't want to lose the house. Secondly, he asked me if it is a necessity or an overwhelming need and he further added that I should act within my limit and borrow without Riba. I would like to mention that I haven't got any other house anywhere in the world and I have approached all the Islamic institutions here in the UK, like "Manzil Bank IIBU" and some other countries including Saudi Arabia for a loan or any other Islamic form of mortgage, Murabahah or Ijara but unfortunately I couldn't get any, and I don't think I could get any money anywhere without having to pay some form of interest. So, I would be most obliged if you could review your fatwa under the additional information I have provided and forward me the answer as urgently as possible. Again many thanks and Assalamu Alaikum. Hassan

Fatwa

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Publication Date

2002-03-11

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

• Islamic jurisprudence
• ٌLeasing
• Resale on profit
• Subprime mortgage

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-725506

• APA
• MLA
• AMA