Home mortgage in western countries : buying apartment for children on interest

Fatawa Question

Dearest Dr., As-Salamu Alaykum I would like to have a clear answer if possible on the following issue : I'm Canadian citizen (of Arabic origin) working in Abu Dhabi-UAE. I have two sons studding in Edmonton Alberta, Canada and the third son will follow them next year. I would like to buy an apartment for them near the University to stay in it for their studying period and we may use it on later stage. I do not have enough money to pay the full amount and the only available financing is through the bank. Jazakum Allah Ana Khayran

Fatwa

Click hereto view more

Publication Date

2007-05-06

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-785683

American Psychological Association (APA)

Qahf, Mundhir. 2007-05-06. Home mortgage in western countries : buying apartment for children on interest. .
https://search.emarefa.net/detail/BIM-785683

Modern Language Association (MLA)

Qahf, Mundhir. Home mortgage in western countries : buying apartment for children on interest. 2007-05-06.
https://search.emarefa.net/detail/BIM-785683

American Medical Association (AMA)

Qahf, Mundhir. 2007-05-06. Home mortgage in western countries : buying apartment for children on interest.
https://search.emarefa.net/detail/BIM-785683