Fatwa #1415612 April 2006Malaysia

Is it correct to take houseloan from office,when you have no other option to build a house.Please answer?

Question

I am a government employee with the indian government.The govt. provides a hoseloan only once throughout the service of employee.Is it correct to take houseloan from office,when you have no other option to build a house.Please answer?

Answer

If the government offers you an interest free loan, it will be permissible for you to accept the loan.

and Allah Ta'ala Knows Best

Mufti Ebrahim Desai

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