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Mortgage From The Banks
please enlighten me that how mortgage from the conventional banks is permissible when we know that most of their earnings are coming from Riba?
In simple words, banks buy for you a house with their funds (which is from Riba source) and than they mortgage to you.
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4 Replies
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Mortgage From The Banks
updated 4 years, 10 months ago
2 Members
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Did Allah forbid you doing business with non Muslims if not then you are not responsible for their source of money if yes then Muslims living in other country cannot do shopping and trading with them because mostly they all involve in banking and many other haram deeds so we aren’t allowed to do any business.
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Very well explained. Thanks for the answer
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And why Muslims are permitted to marry Ahle kitab women they might or their families are also involve in such haram deed like riba or interest
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