Lease hold properties : buying property on lease hold
Fatawa Question
Assalamu Alikom W Rahmatu Allah W Barakatuh: I need your advice; I have Lease Hold property till year 2073. I paid for that 210,000.00, I paid 1/2 of that, and carry 1/2 as mortgage. Now, I am in position to pay the mortgage. But I am scared if I pay the mortgage, I might lose the lease hold property for any reason, as you know I own nothing from the property. What is your advice keeping mortgage on this lease hold is HARAM OR NOT. I am 64 years old single women, and I am afraid to put all my eggs in one basket. Thank you so much in advance for your advice. Mahasin
Fatwa
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Publication Date
2011-02-03
Main Subjects
Economics & Business Administration
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-732542
American Psychological Association (APA)
Qahf, Mundhir. 2011-02-03. Lease hold properties : buying property on lease hold. .
https://search.emarefa.net/detail/BIM-732542
Modern Language Association (MLA)
Qahf, Mundhir. Lease hold properties : buying property on lease hold. 2011-02-03.
https://search.emarefa.net/detail/BIM-732542
American Medical Association (AMA)
Qahf, Mundhir. 2011-02-03. Lease hold properties : buying property on lease hold.
https://search.emarefa.net/detail/BIM-732542
