Assalamu aleikum. I have a question regarding mortgage. One of our state banks provide a programe for young families. You have to open a deposit account and make certain deposit payment every month ...
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 ...
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 ...
I originally asked this question which I am splitting up. Mortgage: Should all of the amount be treated as loan hence reduce from net worth, or only calculate what you need to pay in a year? I found ...