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Can't get out of mortgage riba

Bought a house over 10 yrs ago on mortgage. I became a muslim several months ago. I know riba is haram but cannot sell the house because the other co-owners do not want to sell. I also signed 2nd ...
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Mortgage and performing Hajj

I got a house mortgage which I bought a house past 10 yrs,ago. I am planning to go for Hajj within 2 to 3 yrs.time. Will I be allowed to go for Hajj if im still paying monthly house mortgage together ...
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132 views

What happens in a Murabaha mortgage when the seller defaults?

The question Why is Murabaha not considered Riba? discusses the theoretical difference between Murabaha and riba. I would like to know if there is any practical difference. To be concrete, let's talk ...
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1answer
70 views

Rent payments with redemption

Assalamu aleikum. I have a question regarding mortgage. One of our state banks provide a program for young families. You have to open a deposit account and make certain deposit payment every month ...
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4k views

Mortgage in Islam

I know taking loan and mortgage in haram in Islam. In UK, I am paying the amount of money as rent which I can pay as mortgage. If I pay as mortgage I will be the owner of that house after several ...
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281 views

Intention + haraam financing = halaal financing? (Sunni view)

I understand that Sunni's consider all forms of Riba to be haraam, including riba based financing such as mortgages. I also understand that Shia based scholars consider riba to be haraam, but ...
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3k views

Zakat Calculation : Mortgage

Mortgage Loan I've read somewhere it is better to consider the amount for Zakah which is going to be paid immediately. Whereby the people I have talked to in general say that all Zakat is deferred ...