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  • Renting Home On Heavy Deposit

    Posted by Tufail Shaikh on April 19, 2023 at 12:12 am

    Assalamu alaikum bro

    I want to ask if it is legal in Islam to take heavy sum for the property and do not take rent for few years until that amount is repaid.

    And nowadays people take a home from owner by paying heavy sum and rent the place to someone else and keep the rent and the amount is still intact.

    Is these legal in Islam?

    Dr. Irfan Shahzad replied 11 months, 2 weeks ago 2 Members · 3 Replies
  • 3 Replies
  • Renting Home On Heavy Deposit

  • Dr. Irfan Shahzad

    Scholar April 19, 2023 at 1:46 am

    In business matters, the principle is that there should not be any deception or intention to harm. In the above-mentioned case, it is a practice in the market and both parties agree on it. If in the contract it is allowed for the party which obtained the house on rent that it can rent it out, it is fine. If it is not allowed in the contract, then it would be illegal.

  • Tufail Shaikh

    Member April 19, 2023 at 4:42 am

    It doesn’t fell into the category of taking interest??

  • Dr. Irfan Shahzad

    Scholar April 19, 2023 at 11:19 pm

    Interest is only in the matter of loan. Demanding additional payment on loan is interest.

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