Can Muslims Take a Mortgage to Buy a House? | Dr. Shabir Ally

Can Muslims take a mortgage to buy a house? Dr. Shabir Ally shares his thoughts!

#Mortgage #islamic #muslim
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[expatqa]

I salute everyone who rejected taking a mortgage and may Allah reward you and guide you to the right path

[raidaradham]

I will remain patient and pay rent for the rest of my life but not have a hand in this devilish monetary system. Allah may change my life in a second and send me riziq to buy a house tomorrow for me and my 6 member family and if not then we pray to enter Jannah and get rewarded for our patience.

[muhammaddaudalam]

When ALLAH in Quran says it's haram. Our opinion doesn't matter.

[thecuriousservant]

i dont care people say truth is the truth i prefer renting all my life best to wake up on the day of judgement to be playing safe

[aman]

I have lived in the UK for the past thirty years, even worked for NatWest/RBS bank for five years, but Allah has blessed me to avoid taking mortgage (always had an opportunity for a staff mortgage), still living on a rented house but it's a blessed house, Alhamdullilah. Allah has blessed me with three beautiful sons and a daughter (all doing good in their studies and doing Hifz, Alhamdullilah). Insha'Allah one day we'll have our own home without falling into a mortgage curse. Everyone I know have their own homes and have their reasons for mortgages but their lives are far from true happiness. I think what is haram in Quran is haram, no matter what the scholars say. Is it not better to live in a rented house with a peace of mind than live in a mortgaged house with doubts and guilt? Remember, no pain no gain.

[jubayarahmed]

Man I look around and all my bangladeshi people here in boston buying house or bought house taking mortgage, and i pay almost $2000 in rent and I don't see myself buying a house eith mortgage, my goal is to save money and go to another state and buy a house with reasonable price outright. May Allah help me.

[AhsanHaji]

Anyone else feels that the question wasn't answered fully?

[alansolomon]

I don't see a problem. There is ALWAYS an alternative to taking a mortgage and committing RIBA. You could, for example, rent a property, paying rent. Admittedly, the rent is likely to be more than the mortgage would have been, but it avoids disobeying Allah, and remember that in paradise you will get a house made of gold and jewels.


So avoid being defiantly disobedient of Allah, and do not commit the sin of RIBA by taking out a mortgage.

[rahatkhan]

I had always been confused about this but one pakistani scholar's simple sentence made it clear for me.
He said " its necessary to have roof on your head but its not necessary to own that roof".
I live in the US and after every prayer I ask Allah (SWT). Ya'Allah you're the master if You want you could give me a house in an instance but i don't wanna get into interest.
Please gimme halal money to buy house one shot for my family as i don't wanna get into interest.
More than 65% of my income goes towards the rent but i would rather rent than getting into riba.
Brothers and sisters there are no excuses so please be careful before you get into something that destroy lives.
Allah has forbidden us from riba PERIOD there are no buts and ifs.

[mruploads]

You can't make something haraam permissable, please my brothers and sisters stay away from riba give or take, rather stay safe and live in rent forever than to be punished in the akhira for something we are not sure.

[Arif_Islam]

Don't get involved with interest period. Astagfirullah

[zeetube]

Assalamu alaikkum... I am not a scholar or anything but just be clear. Islam is clear and Quran is clear!!! Don't worry what non Muslims or others would think if it's haram it's haram. If it's doubtful just stay away from it. Indeed Dunya is a very short span of time. May Allah guide us all in right path!

[okzon]

Disaster.

Muslim (1598) narrated that Jaabir said: The Messenger of Allah (blessings and peace of Allah be upon him) cursed the one who consumes riba and the one who pays it, the one who writes it down and the two who witness it, and he said: they are all the same.

[princetaz]

That's like saying it's ok to make booze and blame the consumer. Allah swt has cursed the interest giver, the taker of it and the witness

[I-gs]

The problem is that house prices go up much faster than wages. When my parents bought their first house, they did so at a cost of about 1 years salary. Now, that very same house costs about 10 years salary.
Rents scale accordingly, with house prices.
Perhaps the intention is for Muslims to remain poor, I certainly think it’s better for the soul to be poor, than to have assets/wealth/money.
May Allah guide us all.

[Dobbyisfree]

We took out mortgage for our house some 12 yrs ago. But then we paid it when we decided we will no longer pay. Penny in Riba.
Allah made it possible for us to pay off the debt in record time. Mashallah tabrakallah. We are now buying our own land with full cash that Allah gave us mashaallah

Brothers and sisters we don't need any loans. Allah will grant you all the money in the world if you put your trust in him. He knows what's best for all of us.

[GoldenBili]

الدنيا
Ibn Umar reported: The Messenger of Allah, peace and blessings be upon him, said, “Be in this world as if you were a stranger or a traveler along a path.” Ibn Umar would say, “If you make it to the evening, do not wait for the morning. If you make it to the morning, do not wait for the evening. Take from your health for your sickness, and from your life for your death.”

[yunussaleh]

When you rent a house you are effectively paying some one else's mortgage. And you are always at the mercy of your landlord . The house never becomes yours .

[bangashkhan]

Now our Muslim scholars are playing with the text to make interest (riba) halal, as the Jews did. You can, t take interest but you can give. Such a shame. There is no example in our history where Sahabas have paid interest to jews or anyone else.
And this mufti Taqi Usmani sahib now if you go to an Islamic bank, their contract is much harsher than the English banks and you pay more price at the end.
Ya Allah (swt) whats happened to these so-called scholars.

[Spillers]

I think the medieval Christians had a rule against charging interest. If interest is the problem, could you set up a nonprofit Islamic group that gives Muslims an interest-free loan to buy a house? They could take donations in lieu of the interest to pay salaries.