What to do with earned interest ? : using interest on savings to offset interest on mortgage
Fatawa Question
Could one take a mortgage whereby any interest charged could be offset from interest that the bank gives on a savings account i. e. There is only one account for savings and mortgage and the account holder is not concerned with interest gained or taken from the account but allows them to cancel each other out.
Fatwa
Click hereto view more
Publication Date
2003-02-02
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726253
American Psychological Association (APA)
Qahf, Mundhir. 2003-02-02. What to do with earned interest ? : using interest on savings to offset interest on mortgage. .
https://search.emarefa.net/detail/BIM-726253
Modern Language Association (MLA)
Qahf, Mundhir. What to do with earned interest ? : using interest on savings to offset interest on mortgage. 2003-02-02.
https://search.emarefa.net/detail/BIM-726253
American Medical Association (AMA)
Qahf, Mundhir. 2003-02-02. What to do with earned interest ? : using interest on savings to offset interest on mortgage.
https://search.emarefa.net/detail/BIM-726253
