Fatwa #1268716 September 2004Pakistan
what is defrence between house rent and bank inturest for ex. if we have house about 500000 and got rent about 2500 and in bank also have 500000 and got 2500 which is hram and why asad
Answer
To hire a house and pay a rental is permissible. Interest is expressly prohibited in the Qur?aan.
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai
and Allah Ta'ala Knows Best
Mufti Ebrahim Desai