mohammad tariq asked 4 weeks ago

Asalam O Alaikum I have a question buying a house and obtaining a loan from the bank and paying interest is ok to do.
Please guide me.
Thanks.

1 Answers
mehdi Staff answered 4 weeks ago

أعوذ بالله من الشيطان الرجيم

بِسْمِ ٱللَّٰهِ ٱلرَّحْمَٰنِ ٱلرَّحِيمِ

As Salaamu Alaikum Wa Rahmatullahi Wa Barakatuh,

We hope this answer reaches you in good health and Islamic spirit.

Based on your specific question and information provided.

From the Jurisprudence perspective.

It is Mubah ( Optional / at your discretion ). As long as the money taken or paid back is not with the intention of a loan or interest payment.

اَللّٰهُ أَعْلَم‎
(Allah(awj) Knows best)
If you have further questions kindly contact us at (718) 297-6520 Ext 113 Monday to Saturday between 11:AM – 3:00 PM.