This is not permissible as it contains dealing with Riba.
Are Muslims allowed to buy house in the US using the conventional banking system? If not, how is a Muslim supposed to get a house if he has many children and the apartments has become smaller to accommodate everyone. Even renting a house is difficult to get and if you’re lucky to see one for rent, it’s very expensive than buying a house and paying a monthly mortgage.
Riba |
October 10, 2015 3:12 am