Conventional and Islamic finance of home purchase : taking a loan to build a house
Fatawa Question
In India no Islamic finance available. How to finance my house construction without finance ? May I take interest based finance for a short time and repay at the earliest by making some other arrangements like selling some other property or by giving the same under construction house on lease / on heavy deposit sufficient enough to pay the loan amount. The need is genuine. Please advise me. Thanking you,
Fatwa
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Publication Date
2008-05-26
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
- Islamic jurisprudence
- Housing
- Financing
- Purchasing
- Real property
- Commercial finance companies
- Subprime mortgage
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-734837
American Psychological Association (APA)
Qahf, Mundhir. 2008-05-26. Conventional and Islamic finance of home purchase : taking a loan to build a house. .
https://search.emarefa.net/detail/BIM-734837
Modern Language Association (MLA)
Qahf, Mundhir. Conventional and Islamic finance of home purchase : taking a loan to build a house. 2008-05-26.
https://search.emarefa.net/detail/BIM-734837
American Medical Association (AMA)
Qahf, Mundhir. 2008-05-26. Conventional and Islamic finance of home purchase : taking a loan to build a house.
https://search.emarefa.net/detail/BIM-734837
