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Can we use the unlawful earnings to pay off a mortgage ?
Fatawa Question
I have £ 1000 profit worth of shares in a bank (they were acquired through the banks company share save scheme which I’m an employee in the IT department.) I also have a mortgage with the same bank. Is it permissible for me to use the £ 1000 profit from the shares to pay towards reduction in mortgage. Note both are from the same bank.
Fatwa
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Publication Date
2016-01-18
Main Subjects
Economics & Business Administration
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-726985
American Psychological Association (APA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2016-01-18. Can we use the unlawful earnings to pay off a mortgage ?. .
https://search.emarefa.net/detail/BIM-726985
Modern Language Association (MLA)
al-Qalam Shariah Scholar Panel (Manchester, England). Can we use the unlawful earnings to pay off a mortgage ?. 2016-01-18.
https://search.emarefa.net/detail/BIM-726985
American Medical Association (AMA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2016-01-18. Can we use the unlawful earnings to pay off a mortgage ?.
https://search.emarefa.net/detail/BIM-726985