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Subject : I want to buy a house by having a loan from a bank?
Fatwa Number : 1456
Classified : Current Financial Issues
Fatwa Type : Summarized Fatawaa

Question :

I want to buy a house by having a loan from a bank?


The Answer :

If taking a loan from usrious banks it is impermissible; on the other hand, if this took place through Islamic ones then it is permissible to get the loan, since Allah the Most Exalted Said (What means): "And Allah has made buying lawful and forbidden usury (riba)." And Allah Knows Best.


 


 


 







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