Buying a home.

Q: Salaam Shaykh. What is your opinion on buying a home with a mortgage? There is an opinion in the Hanafi fiqh that allows this but I wanted more information on that. Jazakullah Khair.

A: Wa ‘alaykum al-salam. I would advise that you work with family and friends to personally finance the purchase of the house. If that's not possible you should work with a Shari’ah compliant Islamic finance company. There are several viable options available in the USA. Check the AMJA report available online for details. Allah knows best.

#Homebuying #Usary #Riba


Recent Posts

See All

Zakat on Personal Property

Q: Do I have to pay zakat on personal property I intend to sell? A: As a general rule, zakat is not due on personal property. If you intend to use your personal property for commerce, zakat is due aft

©2018 by