Examples of lack of justifying needs : buying a bigger house on mortgage in the UK

Fatawa Question

living in UK I bought a house ( took mortgage from a building society) now I am going to buy another bigger house and sell old house and take a mortgage and close old mortgage as you know banks and building society charge interests, is it still Halal if I borrow the money and buy new bigger house and sell smaller house.

Fatwa

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Publication Date

2002-11-21

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-725518

American Psychological Association (APA)

Qahf, Mundhir. 2002-11-21. Examples of lack of justifying needs : buying a bigger house on mortgage in the UK. .
https://search.emarefa.net/detail/BIM-725518

Modern Language Association (MLA)

Qahf, Mundhir. Examples of lack of justifying needs : buying a bigger house on mortgage in the UK. 2002-11-21.
https://search.emarefa.net/detail/BIM-725518

American Medical Association (AMA)

Qahf, Mundhir. 2002-11-21. Examples of lack of justifying needs : buying a bigger house on mortgage in the UK.
https://search.emarefa.net/detail/BIM-725518