Can we take a mortgage in order to own one house ?

Fatawa Question

Alhamdulillah my family has kept away from bank loans and mortgages due to interest involvements but as everyone knows house is a necessasity so some scholars do say one can compromise on interest issues when it comes to buying one house in your life time, please clarify how strong is this argument. What should one do in such circumstances.

Fatwa

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Publisher

al-Qalam Shariah Scholar Panel

Publication Date

2017-03-31

Country of Publication

United Kingdom

Main Subjects

Financial and Accounting Sciences
Religion
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-726816

American Psychological Association (APA)

al-Qalam Shariah Scholar Panel (Manchester, England). 2017-03-31. Can we take a mortgage in order to own one house ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726816

Modern Language Association (MLA)

al-Qalam Shariah Scholar Panel (Manchester, England). Can we take a mortgage in order to own one house ?. Manchester England : al-Qalam Shariah Scholar Panel. 2017-03-31.
https://search.emarefa.net/detail/BIM-726816

American Medical Association (AMA)

al-Qalam Shariah Scholar Panel (Manchester, England). 2017-03-31. Can we take a mortgage in order to own one house ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-726816