MUSLIM UMMAH LIVING IN NORTH AMERICA AND EUROPE, WHEN THEY PURCHASE A HOUSE THEY GOT TO PAY MORTGAGE FOR A CERTAIN PERIOD OF TIME AS AGREED.IS THAT PERMITTED?
Mu' meneen Brothers and Sisters,
As Salaam Aleikum wa Rahmatullahi wa Barakatuh.
(May Allah's Peace, Mercy and Blessings be upon all of you)
One of our brothers/sisters has asked
this question:
ASSALAMU
ALAIKUM,
MAY
ALLAH (SWT)BESTOW HIS MERCY AND ENRICH YOU AND YOUR TEAM WITH MORE KNOWLEDGE
WITH THE JOB YOU GUYS ARE DOING...AMEEN
MY QUESTION IS:
MUSLIM
UMMAH LIVING IN NORTH AMERICA AND
WHEN I WAS IN U.S.A RECENTLY I TRIED TO FIND OUT WHAT ASSISTANCE I CAN GET FROM
AN ISLAMIC INSTITUTION.I CME TO FIND OUT THAT ONE IS PAYING MORE WITH ISLAMIC
INSTITUTION THAN A REGULAR COMMERCIAL BANK.AS A MUSLIM WHEN YOU WANT TO
PURCHASE A HOUSE IN U.S.A WHAT YOU SHOULD DO TO AVOID THE WRATH OF ALLAH
(SWT)?
(There may be some grammatical and spelling
errors in the above statement. The forum does not change anything from
questions, comments and statements received from our readers for circulation in
confidentiality.)
Answer:
Mortgage house loan
interest
In the name of Allah, We praise Him, seek His
help and ask for His forgiveness. Whoever Allah guides none can misguide,
and whoever He allows to fall astray, none can guide them aright. We bear
witness that there is none worthy of worship but Allah Alone, and we bear
witness that Muhammad (saws) is His slave-servant and the seal of His
Messengers.
May Allah Subhanah reward you with the best of this world
and the Hereafter for your kind comments of encouragement for our humble
efforts in the propagation of the Truth.
If our humble and modest efforts have helped even one brother or sister
get closer to Allah and His Deen of Truth, then we would consider ourselves indeed
fortunate to have been given this opportunity by the Lord Most Merciful to
serve in His Cause. We hope, beg, and
pray the Merciful Lord accepts our humble and weak efforts, forgives us our
shortcomings, and saves you, us, and all the believers from the torment of the
Hell Fire. Ameen.
Your
Question: MUSLIM UMMAH LIVING IN NORTH AMERICA AND
Allah says
in the Holy Quran Chapter 2 Surah Baqarah verse 274-276:
But
those who devour ‘riba’ become like the one whom Shaitaan has bewitched and
maddened by his touch. They have been
condemned to this condition because they say,
“Trade is just like ‘riba”, whereas
Allah has made trade halaal and ‘riba’ haraam. Henceforth,
if one abstains from taking ‘riba’ after receiving this admonition from
his Lord, no legal action shall be taken
against him regarding the ‘riba’ he had devoured before: his case shall ultimately go to Allah. But if one repeats the same crime even after
this, he shall go to Hell, where he
shall abide for ever! Allah deprives
‘riba’ of all blessing and develops charity,
and Allah does not like an ungrateful,
sinful person.
Allah says further in the Holy Quran Chapter 2
Surah Baqarah verse 278:
O Believers!,
fear Allah and give up that ‘riba’ which is still due to you, if you are true believers. But if you do not do so, then you are warned of the declaration of war against you
by Allah and His Messenger!
Allah says in the Holy Quran Chapter 4 Surah Nisa
verse 161:
That they took ‘riba’, although they were forbidden. And that they devoured men’s substance
wrongfully. We have prepared for those
among them who reject faith a grievous punishment (of Hell Fire)!
Al-Tirmidhi Hadith 2827 Narrated by Abdullah ibn Mas'ud
Allah's Messenger (saws) said, "Even
though usury be much, it leads in the end to penury."
Al-Tirmidhi Hadith 2829 Narrated by Ali ibn AbuTalib
Ali said he heard Allah's Messenger (saws)
invoke the curse of Allah on those who took usury, those who paid it, those who
recorded it, and those who refused to give sadaqah.
Dear and beloved brother in Islam, it is neither the
taking out of a loan nor a mortgage which by itself is unlawful or prohibited
in Islam; what is unconditionally and specifically and categorically prohibited
and absolutely unlawful in the Sight of Allah Subhanah is the ‘interest’
element in the conventional interest-based loans and mortgages.
There is absolutely no harm in Shariah if one wishes or
needs to take out a loan or a mortgage to fulfill their needs, provided the
loan/mortgage is Shariah compliant and thus free of interest; but to indulge in
an interest-based loan or mortgage would be absolutely against the Guidance,
Commands and Boundaries of Allah Subhanah.
Your
Question: I CME TO FIND OUT THAT ONE IS PAYING MORE WITH ISLAMIC INSTITUTION
THAN A REGULAR COMMERCIAL BANK
It is obviously absolutely unlawful and haraam for a
believer to take out a loan or mortgage from a conventional interest-based
bank; but because the loans or mortgage products offered by the Islamic Banks
are Shariah compliant and interest-free, it would be deemed absolutely lawful
in Shariah for a believer to transact with such institutions, if indeed they
wish to do so.
Paying or receiving interest is not even an option for a
believer who sincerely fears Allah and the Last Day; thus if a believer, even only
for comparisons sake, compares and determines that the profit charges of the
Shariah compliant Islamic Banks are twice or even thrice as much as the
interest charged by the conventional bank….the believer should know and be
satisfied in the knowledge that the interest being charged is absolutely
‘haraam’ and unlawful, and the profit charged is permissible and ‘halaal’.
Your
Question: AS A MUSLIM WHEN YOU WANT TO PURCHASE A HOUSE IN U.S.A WHAT YOU
SHOULD DO TO AVOID THE WRATH OF ALLAH (SWT)?
Dear and beloved brother, buying a house to live in this
short and transitory world is definitely not an obligatory duty of a believer;
but obedience to the Commands and Guidance of the Lord Most Majestic is indeed
an absolutely obligatory duty of every believer who sincerely believes in Allah
and the Last Day!
Thus if a believer wishes to purchase a house for himself
and his family to live in, and wishes to ignite the Wrath and Anger of their
Lord by dealing in the prohibited, here are his lawful options:
But under absolutely no circumstances should a believer
who sincerely fears Allah and the Last Day risk the everlasting and eternal
Gardens of the Hereafter in lieu of some paltry accommodation in the life of
this short and transitory world by indulging in the abomination of ‘riba’, which
has specifically been declared as unlawful by Allah and His Messenger (saws)!
Whatever written of Truth and benefit is only
due to Allah’s Assistance and Guidance, and whatever of error is of me
alone. Allah Alone Knows Best and He is
the Only Source of Strength.
Your brother and
well wisher in Islam,
Burhan