Taking mortgages to buy a residence in western countries : house loans

Fatawa Question

Asalam Aulikum, My brother in law stated you had told him he doesn't need to refinance his home ? I was planning to refinance the house with Devon Bank under the Murbaha contract. I recall 2 years ago you had insisted that the loans that were done were all Haram. I am curious on what bases is it now permissible ? Kindly let me know, Jazak Allah Khier,

Fatwa

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Publication Date

2006-11-01

Main Subjects

Economics & Business Administration
Islamic Studies

No. of Pages

2

Data Type

Fatawa

Language

English

Record ID

BIM-788889

American Psychological Association (APA)

Qahf, Mundhir. 2006-11-01. Taking mortgages to buy a residence in western countries : house loans. .
https://search.emarefa.net/detail/BIM-788889

Modern Language Association (MLA)

Qahf, Mundhir. Taking mortgages to buy a residence in western countries : house loans. 2006-11-01.
https://search.emarefa.net/detail/BIM-788889

American Medical Association (AMA)

Qahf, Mundhir. 2006-11-01. Taking mortgages to buy a residence in western countries : house loans.
https://search.emarefa.net/detail/BIM-788889