Fatwa #132594 August 2005Saudi Arabia

Is it allowed to take profit by selling a house , purchased on the basis of RIBA ,(Convetional mortgage system).

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Even if you purchased a house on the basis of the conventional mortgage system, you are the Shar’ee owner of the house. You may sell the house at a profit if you wish.

and Allah Ta'ala Knows Best

Mufti Muhammad Kadwa
FATWA DEPT

CHECKED & APPROVED: Mufti Ebrahim Desai

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