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Question about a house and paying interest |
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Islamic Studies -
Islamic Q&A
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Question about a house and paying interest
Question 1- I own a house in sydney ,I'm paying interest,I want to know if this is haram...I do live in this house...and it is the only property I own...Please I want all the information u can supply me with,because it will make me decide if I stay in it or sell it...
Question 2- If I do rent a house and the owner is paying interest any problem with that...?
Answer 1- Praise be to Allah the Lord of the worlds and may Allah raise the rank of our dear Prophet Muhammad.
Allah the Exalted says in the Qur'an: {وأحل الله البيع وحرم الربا }
which means: [Allah has made trade permissible for you, and He has made Ar-Riba (usurious gain) impermissible].
Usurious gain (Riba) is Haram in Islam, even if it were for the purchase of a house or any other item. The ruling is still Haram whether the house is the first house or not. What a Muslim is granted in the Hereafter is far greater. A person who has been involved in such a matter needs to repent a full Islamic repentance to Allah The All-Mighty from such a matter by following the conditions of repentance according to the shar^ (Islamic rulings).
Regarding your second question 2:
In Islam, one is not obliged to investigate the financial situation of the landlord.
For further clarification on personal issues, please visit our local office at your convenience.
Allah Knows best.
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