I know that taking or giving money on interest is haram.
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:
Dear Sir,
I know that taking or giving money on interest is haram. But if someone
donesn`t have any other option, like if someone wants to build a house and he
has no other options (as now-a-days no one, even real brothers and sisters give
1.5 or 2 million rupees as loan) but to take loan from bank on interest. Would
that also be haram? . Please guide me on this.
Regards
(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:
Riba house lose
paradise
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.
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!
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 indeed be absolutely against the
Guidance, Commands and Boundaries of Allah Subhanah.
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 not 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)!
If one trusts, obeys, and follows the guidance and
commands of Allah and His Messenger (saws),
one can be assured of never ever being misled; but if one believes, obeys and follows any
other guidance, other than that of Allah and His Messenger (saws), one can be
assured of being led astray.
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
