Buying a home on interest outside western hemisphere : buying house and car with interest
Fatawa Question
I’m a Bangladeshi but recently moved to Singapore for job purposes. My worry is, relocating to a non-Islamic country for job purposes was not an ideal choice in the 1st place. And since I?ve relocated already, is it permissible to buy house and car with interest based bank loan in a non-Islamic country, assuming I plan to live here for longer-term (probably not for rest of my life)? Or is it better (from Shariah point of view) to keep paying rents and use public transpiration? Highly appreciate your answer.
Fatwa
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Publication Date
2007-03-22
Main Subjects
Economics & Business Administration
Islamic Studies
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-785695
American Psychological Association (APA)
Qahf, Mundhir. 2007-03-22. Buying a home on interest outside western hemisphere : buying house and car with interest. .
https://search.emarefa.net/detail/BIM-785695
Modern Language Association (MLA)
Qahf, Mundhir. Buying a home on interest outside western hemisphere : buying house and car with interest. 2007-03-22.
https://search.emarefa.net/detail/BIM-785695
American Medical Association (AMA)
Qahf, Mundhir. 2007-03-22. Buying a home on interest outside western hemisphere : buying house and car with interest.
https://search.emarefa.net/detail/BIM-785695
