Buying a home on interest outside western hemisphere : buying houses on credit
Fatawa Question
We are studing the Islamic economy. There is a disputed question arises : we are as Muslims, can we take credits from conventional banks in our country (Kazakhstan) to do businesses or to buy homes on credit. Some our educated brothers say that it is not allowed by Shariah, there is Riba. This is disputed hard issue in our country among Muslims. Please, provide us with comprehensive answer or send us your related articles to this issue. Thank you very much.
Fatwa
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Publication Date
2007-07-03
Main Subjects
Economics & Business Administration
Islamic Studies
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-785704
American Psychological Association (APA)
Qahf, Mundhir. 2007-07-03. Buying a home on interest outside western hemisphere : buying houses on credit. .
https://search.emarefa.net/detail/BIM-785704
Modern Language Association (MLA)
Qahf, Mundhir. Buying a home on interest outside western hemisphere : buying houses on credit. 2007-07-03.
https://search.emarefa.net/detail/BIM-785704
American Medical Association (AMA)
Qahf, Mundhir. 2007-07-03. Buying a home on interest outside western hemisphere : buying houses on credit.
https://search.emarefa.net/detail/BIM-785704
