Is it halal to buy a house here in USA using islamic finance Sheikh Assim Al Hakeem #fatwa #hudatv

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[youthgirls_wing]

Earn halal money n come to success come to namaz

[Victorylooms]

It is true that most apartment complexes will not rent to a family of 8. But the brother can rent a house without problems, even if his family size is 20

[Blackfoot]

As Salaam Alaakum. Now a day's the whole banking system are based on interest, Riba. May Allah protect us from the fire.

[thejournalnook]

I’m trying to save up for my own house. Today I opened a Lifetime ISA from a shariah compliant company. If found a LISA that won’t pay me interest but the next struggle I’ll have is finding a shariah compliant lender. I really hope Allah helps me find the right path to buying my house when the time comes

[zamaryshaker]

Government also have section8 and housing and many more programs to help people for the housing

[MrHellsing]

Wallah the “Islamic” bank was more expensive. There is nothing halaal about their system

[azee]

Not to confuse this with conventional banking loans/mortgages. That's totally haram and different thing. This guy is talking about islamic finance and that too with fees. Beware

[fatimaa]

Why say it is 'highly doubtful' that apartment complexes won't rent to a family of that size? They have occupancy limits per bedroom. 3 bedroom apartments may not be affordable to this brother (as you also have to provide proof of income). Unnecessary comment, how can you say doubtful on one hand, and then say if you're lying between you and Allah. People come to you for the knowledge Allah has given you, inshaAllah you can exercise more discretion with your words...as you said you don't know.

[LifeIsBeautiful-goodDay]

Why Islamic bank charge extra money and why they don’t want to give loan easily?

[Palestino]

It is possible to rent a house though. No need to buy.

[SCRMNK]

Sheikh might be hinting at options to rent a house rather than apartment. Renting a house might help but again landlord could always stipulated max number to occupants … May Allah help the brother

[rafatrizwan]

In America it is illegal to decline on the base of family and kids . Not possible. U can sue those people

[silassoule]

Avoid Guidance at any cost. They will charge you more interest than any bank in the country. UIF and Devon Bank are fair and reasonable

[hichamelhadri]

Honest question, inflation rate is over 3% so if you buy a house at a fixed 3% mortgage rate the bank you'd brake even or even get less money from you at the end of the 30 year lown.
If the bank lend you money at 0% then it would be unfair for the bank since the bank would lose money to inflation.
Am I missing something?

[LifeIsBeautiful-goodDay]

Why Islamic bank is expensive than conventional banks. If regular bank is haram, why Islamic bank is halal. The extra fee is called interest in regular bank, therefore Islamic bank called the fee is profit. I am very confused.

[M-cf]

Paying and receiving interest are two different things completely.

The Sheikh has limited understanding in the financial system.

[ScaryPumpkin]

Bro late payments are made whether you have a mortgage or you rent

[threadingexperts]

I’m widow I wanted to help pay my mortgage only principal amount . I’m Muslim 2 months ago husband passed away

[rashidsleman]

What the the difference between profit and ribba in business

[HuxleySabrina-ul]

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