Fatwa Explorer

Fatwa #153309 June 2007Bangladesh

Hiring house to a Riba based bank

Question

is it permissible to let ones house for rent to a riba based bank

Answer

In the name of Allah, Most Gracious, Most Merciful

Assalaamu `alaykum waRahmatullahi Wabarakatoh

It is not permissible to hire ones house to a riba based bank.

And Allah knows best

Wassalam

Mufti Ebrahim Desai
Darul Iftaa

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