Conventional and Islamic finance of home purchase : home finance from an Islamic bank
Fatawa Question
Assalamu o Alaykum Dear Sir I want to take advice in matter of the home loan which I borrowed from the Meezan Bank Multan Pakistan. The bank is charging me the interest in the name of rent at very high rate. To the installment is beyond my capacity as I am a salaried person. At the time of applying the bank told that your installment should be one third of your pay but it is now exceeding the pay rather this is half of my pay and I am in very difficult situation. Kindly give me advice in this regard and oblige.
Fatwa
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Publication Date
2009-10-15
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-734917
American Psychological Association (APA)
Qahf, Mundhir. 2009-10-15. Conventional and Islamic finance of home purchase : home finance from an Islamic bank. .
https://search.emarefa.net/detail/BIM-734917
Modern Language Association (MLA)
Qahf, Mundhir. Conventional and Islamic finance of home purchase : home finance from an Islamic bank. 2009-10-15.
https://search.emarefa.net/detail/BIM-734917
American Medical Association (AMA)
Qahf, Mundhir. 2009-10-15. Conventional and Islamic finance of home purchase : home finance from an Islamic bank.
https://search.emarefa.net/detail/BIM-734917
