Can Muslims Take a Mortgage to Buy a House? | Dr. Shabir Ally
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- čas přidán 17. 11. 2019
- Can Muslims take a mortgage to buy a house? Dr. Shabir Ally shares his thoughts!
#Mortgage #islamic #muslim
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I salute everyone who rejected taking a mortgage and may Allah reward you and guide you to the right path
That will be and im homeless lol with job
It is really not as simple as that. You have to take a lot of things into account to arrive at a conclusion like rejection of mortgage. I have seen Muslim families who rent houses and the problems they face, including un-announced visit of the land-lord to check his/her house. The unplanned termination of a rented house - where you have to find another house before you are thrown out of the rented house. The problems of Muslim families living far away from a Masjid due to lack of renting house.
In many countries, rent is not cheaper than mortgage.
🎉🎉🎉🎉🎉
Subjecting myself to a life time of paying off a loan on top of usury and a family to provide for, is like forever holding a knife to my throat, stumble once, and game over. Yeah, pass on that, I’ll stay single.
I will remain patient and pay rent for the rest of my life but not have a hand in this devilish monetary system. Allah may change my life in a second and send me riziq to buy a house tomorrow for me and my 6 member family and if not then we pray to enter Jannah and get rewarded for our patience.
@@user-op8fg3ny3j That's so true, but when there are matters you have control of then make the right choice and avoid it, such as getting loans and also for example life insurance and all the devil inspired products they sell you to trap you for life . And plus if you really want to unplug then grow your own fruits and vegetables and live off the grid and trust me you won't need a penny to sustain yourself and your family. But that's if you are prepared to live in isolation and avoiding schools, driving, medical care, going to the mall and craving burgers on the weekend. It may seem extreme but it will save you and your family from this Fitna.
Brother, where in Australia do you live can I ask?
@@bmccameron7642 In Perth Western Australia
@@raidaradham4625 Tough times in Perth, wish I could help.
May Allah bless you for this inshALLAH i will pray
i dont care people say truth is the truth i prefer renting all my life best to wake up on the day of judgement to be playing safe
Way to go brother, JazakAllah khayran, may Allah reward you for your patience
@@user-op8fg3ny3j haram is haram and we have to try our best to stay off it rent is always another option so why go straight to haram without looking for alternative
@@user-op8fg3ny3j no am not what he does once I have given the money is up to him
Get your fact right and don’t misquote Hadith to do Haram
If you’re involved in an accident and doctor says to amputate your arm will you tell them to amputate even your legs and your other arm too.
Easy to google Hadith without proper understanding
That’s why people need to learn before giving Fatwa just as we turn to experts in every field we should in Islam too
@@user-op8fg3ny3j you misunderstood me and you have the wrong example
I didn’t give money to drug dealer
You seem to not understand.
How ever you give money to someone as a gift or buying selling with a person then if he spends that on drugs is that your fault?
@@user-op8fg3ny3j you need to understand first before comparing that’s how Islam is getting marry opinions because of people talking without knowledge
I have lived in the UK for the past thirty years, even worked for NatWest/RBS bank for five years, but Allah has blessed me to avoid taking mortgage (always had an opportunity for a staff mortgage), still living on a rented house but it's a blessed house, Alhamdullilah. Allah has blessed me with three beautiful sons and a daughter (all doing good in their studies and doing Hifz, Alhamdullilah). Insha'Allah one day we'll have our own home without falling into a mortgage curse. Everyone I know have their own homes and have their reasons for mortgages but their lives are far from true happiness. I think what is haram in Quran is haram, no matter what the scholars say. Is it not better to live in a rented house with a peace of mind than live in a mortgaged house with doubts and guilt? Remember, no pain no gain.
Though living as a tenant as a reasonable option but you always have risk of eviction. Why not use Islamic Mortgage e.g. Gatehouse, Al Rayan bank etc?
I totally agree with you and wish for an Islamic bank in the State. (Guidance in VA has lot of shortcomings)
May Allah bless you and your family, I'm not convinced with the scholars interpretation saying the interest taker is condemned in the quran and hence its ok to give interest. so aren't you promoting the Riba system ? As I know the giver the taker and the scribe are all equally involved. Allah knows best, and may he guide us and protect us.
@@hasham81 as far I know All of them are same, Haram.
@@ferdouspsyche7692 I am not sure about your status/qualification but those Islamic Banks were approved by very well known Islamic Scholars
Man I look around and all my bangladeshi people here in boston buying house or bought house taking mortgage, and i pay almost $2000 in rent and I don't see myself buying a house eith mortgage, my goal is to save money and go to another state and buy a house with reasonable price outright. May Allah help me.
May Allah reward you for your patience brother
Brother i am glad there are still people like you
MashaAllah brother, May Allah preserve you and reward you for your patience.
You can check UIF. They are saying they follow shariah law for home buying.
May Allah be pleased with you
When ALLAH in Quran says it's haram. Our opinion doesn't matter.
I had always been confused about this but one pakistani scholar's simple sentence made it clear for me.
He said " its necessary to have roof on your head but its not necessary to own that roof".
I live in the US and after every prayer I ask Allah (SWT). Ya'Allah you're the master if You want you could give me a house in an instance but i don't wanna get into interest.
Please gimme halal money to buy house one shot for my family as i don't wanna get into interest.
More than 65% of my income goes towards the rent but i would rather rent than getting into riba.
Brothers and sisters there are no excuses so please be careful before you get into something that destroy lives.
Allah has forbidden us from riba PERIOD there are no buts and ifs.
Well said sister.
Anyone else feels that the question wasn't answered fully?
He said it itially that you its not an easy question to answer.
Yup. He didn't answer the question at all.
Yes... he played safe.
Yes...I feel same too🙋♀️
Although the both beloved and respected Participants claimed in the beginning of the video that it is hard to summarize like in one answer....
Still .....In imo, for such topics, it's better yo avoid uploading short videos....
Instead One long video or series of lectures should be uploaded.
Those who have keen interest of knowing abt this topic, will try watching it to the best level anyway to avoid displeasing the Lord, Allah SWT.
@@abcdef12345678910ifyit is easy, riba is forbidden. Allah wages war against those who consume/deal in riba. What worse fate is there in this dunya, than Allah waging war against you.
I don't see a problem. There is ALWAYS an alternative to taking a mortgage and committing RIBA. You could, for example, rent a property, paying rent. Admittedly, the rent is likely to be more than the mortgage would have been, but it avoids disobeying Allah, and remember that in paradise you will get a house made of gold and jewels.
So avoid being defiantly disobedient of Allah, and do not commit the sin of RIBA by taking out a mortgage.
Me personally I don't believe that this has to be taken literally when I see passages in the Bible and the Quran speak about the way to Paradise is you know a lot of this stuff is just a symbol no one knows really what era do I really look like in might describe in the box but in reality there is no way to really know
Be reasonable and rational, Quran compels you to think.
If i tell a cancer patient to bare this pain Allah will give you good health in paradise, its like we are telling him, he is better dead.
The attitude there is to help him with what you have in his treatment and also give him hope if treatment does not work then you have better place in paradise. Allah and Rasool pbuh says make effort and pray - if its given then thank your lord, if its held back then expect its for better.
Our ummah is more verbal these days than in action. Where is a Islamic banking system or a system that can help Muslims financially. We wont bring in a system and expect Allah to punish for it. We all will burn in hell sir, for if we had the means we did not make way for others and died with our desires.
May Allah bless you brother, wise words among many noises
What if the rent you are paying is being used to pay off your landlords mortgage for the house you are living in?
Aren’t you still paying interest on someone else’s mortgage? What about every time you walk into a shop, they take out interest based poans to fund their business and you are indirectly involved in the transactions. You already pay interest on your mobile phone contracts etc. Riba doesn’t automatically mean interest. It also means usuary which can manifest itself in different ways i.e buy one get for one price buy two for cheaper. We have to use common sense and think “CONTEXT”. Times and conditions were very different 1400 years ago. There was no welfare system, no regulations no safetynet for the poor. They were vulnerable to abuse in a way that is very unlikely to happen today.
Assalamu alaikkum... I am not a scholar or anything but just be clear. Islam is clear and Quran is clear!!! Don't worry what non Muslims or others would think if it's haram it's haram. If it's doubtful just stay away from it. Indeed Dunya is a very short span of time. May Allah guide us all in right path!
Yes man I also think the same. U know I think that these orientalist scholars always give a view which is more acceptable by modern society instead of truth. But Allah judges best
@Zehran:
I second you bro
I also think in the same way. We only trust Allah for our matters, we will be rewarded in the next world.
Very well explained
Exactly, the argument he gave about what would non-Muslims think can equally be applied to them having girlfriends, having pork, alcohol and what not. Let's make those things halal too as per the opinion shift mentioned in the video.
You can't make something haraam permissable, please my brothers and sisters stay away from riba give or take, rather stay safe and live in rent forever than to be punished in the akhira for something we are not sure.
@abdul ali yes exactly that's true, with all these interest based monies just benefits the rich powerful people to invest in war
Nothing is worth it if you get burnt in the hell in the end
If renting you are still paying the landlords interest plus profit they're making on the house!
@@tricksie88 i dont understand why they think being exploited is good for them, its very disturbing.
Facts. Avoid Riba. Don't tell your akhirah for a temporary dunya
The problem is that house prices go up much faster than wages. When my parents bought their first house, they did so at a cost of about 1 years salary. Now, that very same house costs about 10 years salary.
Rents scale accordingly, with house prices.
Perhaps the intention is for Muslims to remain poor, I certainly think it’s better for the soul to be poor, than to have assets/wealth/money.
May Allah guide us all.
As a Muslim you can make dua to Allah for wealth health and money as long it’s halal nothing wrong with it there’s many rich Muslims. Just have faith and keep going.
Dealing with interest makes society unequal, it distributes wealth unequally, rich become richer, poor become poorer. Doesn't matter if you take loan kn interest build a house, to pay that amount yiu will to pay double or triple amount in next 10, 20 or 30 year, but your job or your life may or may not be having that much earning, so you will find yourself at the same stage even after 20 years where you are today.
Because when your salary will grow in 20 years all items prices will increase so expenditures will also increase and you have a burden to keep paying EMIs
So you will remain poor and more poorer than before even though in terms of number you have more salary ,
Imagine you had a small rent house living peaceful life with less materialistic life style, than you may pay rent of house which will be much lesser than emi, no maintenance and just live with what you need, you have more savings , use that savings in halal business, you will become rich, In Islam if you do not take or deal in interests you will be more successful at heart, mind, soul, physically, mentally, financially and through us the society and civilization will be at peace and harmony with a balanced life approaches.
There’s a million ways to get rich. Don’t make an excuse for property
@Farheeee most of them involve riba
@Farheeee most of them involve riba
That's like saying it's ok to make booze and blame the consumer. Allah swt has cursed the interest giver, the taker of it and the witness
That would be like the one who charges interest, not the one who pays the interest. It’s completely different.
Further, even if we look at from the one who drinks, the one who is drinking enjoys it.
Nobody pays interests, because they want to, meaning the one who borrows money would rather borrow it without any time-based ‘penalty’.
Also, this narration most likely was stated by the Prophet (S) when the state completely forbade interest and God and His Messenger declared war upon it, not when all of society was permeated with it and every nation on the earth was involved in it.
This doesn’t mean one is justifying it, as the Shaykh said.
Isn't it permissible in times of necessity though . I've spoken to sheikhs who say 1 property is okay but more than your need is haram
@@shahee6579 NOOOOO
did you read Quran?
Don't get involved with interest period. Astagfirullah
الدنيا
Ibn Umar reported: The Messenger of Allah, peace and blessings be upon him, said, “Be in this world as if you were a stranger or a traveler along a path.” Ibn Umar would say, “If you make it to the evening, do not wait for the morning. If you make it to the morning, do not wait for the evening. Take from your health for your sickness, and from your life for your death.”
Disaster.
Muslim (1598) narrated that Jaabir said: The Messenger of Allah (blessings and peace of Allah be upon him) cursed the one who consumes riba and the one who pays it, the one who writes it down and the two who witness it, and he said: they are all the same.
Why you worry, just listen to reputable scholars, and on your judgment day you'll have an excuse.
After all our Creator is Al Rahman..
There won't a excuse on the day of judgement, God has asked us to follow book and its explanation in Hadith's book where clearly RIBA is forbidden. QURAN says this world and things in it, are a Test for all of us. This world is DELUSION.
@@stevosuskacevic8799 Allah doesn't allow ignorance as an excuse when He has provided us with the tools such as Quran and Ahadith.
@@mumbleIntel
You are ignorant if you don't listen to scholars
Hence we're supporting the fraudulent system by giving as well.
Best to buy a house cash in a location where it’s affordable than to rent it or pay Mortgage. Justifying first mortgage may be for practical reasons but the instruction is clear in the Quran regarding Riba / usury / interest that it’s forbidden to take or pay….
Known as Ribbit in Torah and forbidden to people of the Book also it is called Riba in Islam and also forbidden…
God knows what’s best for us as it’s to stop mortgage companies / lenders exploiting people not just Muslims…
Arabs like u keeps muslims 500 years back. Maybe listen to what he is saying for once instead of spewing arab nonsense.
Yeah, because muslims have 500k just laying around to purchase a home
Cash is also forbidden, so goodluck buying that house thinking you've done the right thing.
@@KatariaGujjar how is cash forbidden?
@@specialagentorange4329
Gold & silver is the only currency allowed.
he talked about guilt thats for sure every time i feel when i go to buy house 🤦🏻 its stoping me every time when i want to buy one although i have excellent credit i have been approved to for getting a mortgage but i refused but i really love to buy a house to 😔 hope we find a way for it without interest😇
I feel the same. Started collecting cash slowly and later will look at smaller house to begin
Yes me 2
May Allah gives you reward. Stay strong brother. I am also in the same shoe. For more guidance here is the link: czcams.com/video/-I4TPqN8frQ/video.html
@Khalidthe same riba concept there
@Khalid i think islamic banks paid those scholars. I called one of those banks in america. Asked them to hold the house title that they buy for me, untill I pay off. They said no. The house is gonna be on my name...
Follow your taqwa, listen to your qalb before saying: oh, ok, scholars will be responsible. It s not the way
We took out mortgage for our house some 12 yrs ago. But then we paid it when we decided we will no longer pay. Penny in Riba.
Allah made it possible for us to pay off the debt in record time. Mashallah tabrakallah. We are now buying our own land with full cash that Allah gave us mashaallah
Brothers and sisters we don't need any loans. Allah will grant you all the money in the world if you put your trust in him. He knows what's best for all of us.
But it all started with you starting off using Riba
Looks like you're trying to clear your conscience
That’s like marrying your girlfriend then saying brothers and sister don’t get in haram relationships and marriage is better for you.
@@mrannymusexactly this
Who are you guys to judge? They may not have been made aware initially. Even in the Qur'an those who earnt with riba and then realised way after and stopped, may keep what they earned in the past so as long they don't return to it.
It's always funny when people judge people of there past sins, did you talk and get some extra info from Allah that none of us did?
I think the medieval Christians had a rule against charging interest. If interest is the problem, could you set up a nonprofit Islamic group that gives Muslims an interest-free loan to buy a house? They could take donations in lieu of the interest to pay salaries.
This is exactly what Muslims need to be doing. You are right. Same thing goes for health insurance. You know what the problem is and why it’s not being done ? BecauSe musljms all over the world are disunited. Plain and simple. It can be done if the Muslims came and worked together. Interest free loans.
@@ramalam1988 OK, you first. I need an interest free loan. The idea is well intentioned, but impractical, money has time value. There will be more borrowers than lenders.
@@ramalam1988 Your comment "money is not an asset..." If I have a bank deposit or currency, of course its an asset on my balance sheet. Ask any accountant. Aristotle, Islamic scholars, and the Christian scholastics of the middle ages made a mistake by saying its not an asset. Intrinsic value is a meaningless concept. Gold has no value in use to me, I have to exchange it for what I need, like money.
@@roberthannah7983 money by itself is not an asset. What don’t you understand by that. Money is purely a means for exchange. By itself , money cannot do anything for you. It’s just a piece of paper.
@@ramalam1988 Money is fungible with all commodities, services, and other financial assets traded in markets, so I dont follow your argument. You have failed your accounting test. Money has an immense extrinsic value in exchange (as opposed to intrinsic value - as the Greek philosophers might argue). Yes it is a created piece of paper (or transferable deposit entry in a member of the payments association). You are confusing value in use ("commodity money")with value in exchange, as the ancients did. But I will agree with you that if and when a country collapses or its central bank abandons its mandate to preserve value, then money can become worthless - Zimbabwe, Mobutu's Congo, Venezuela ...
Where I live, it’s impossible to ever buy a house outright because of the skyrocketing prices, along with rent becoming very expensive, which makes me question if renting for life is really a viable option.
Agree with you on this brother
Exactly. Mortgages are apparently haram because interest exploits the poor and widens the gap between the poor and wealthy however rent prices are so high and constantly rising wich is also exploiting the poor and widening that gap.
Move to other city
@@abdulsaboorqadeer4489 wel that’s a practical option isn’t it
@@abdulsaboorqadeer4489 even that costs lots of money and most specialized jobs are localized into one place
dealing in interest (be it in any form - give or take) is a sin....doesnt matter which side of the coin u r....
Dr. Shabir's explanation is spot-on, clear, and concise. Love listening to his answers.
Just live simple lives, simple is the best. I would love to live in a Ottoman Empire tent. In those days the tribes lived in beautiful strong tents and they were all together. Children running around, mother's cooking and everyone was together so peaceful
AsSalama'laikum! Thank you for sharing this with us. May AllahSubanahwa'ta'Allah grant us protection from riba!
We really need to create a true alternative to interest bearing financial system that’s available to anyone who doesn’t want to be involved in usury.
That’s the real deal
So does the lovable scoundrel Wimpy - he will gladly pay you Tuesday foe a hamburger today.
Well in non muslim countries it is hard to find islamic mortgage. At least in my country. My parents décided to rent and not buy. But today it is hard for my mother(my father died) to pay and I live in a big city where I work but too expensive and my apt too small. If my parents bought, my mother would have been in peace... Allah will judge but I wont do the same mistake and be a burden. Of course I will try to find the less "worst",and the most "ethic". But I will definitivly do a mortgage. Happy that the european consil tends to this position and understand the issue that Muslims are facing.
rod kemp well said
If you dont have a house, consider it as a test and be patient.
I'm sorry but are you really saying that those who can't get a house without a mortgage should just be homeless?
@@ryan6140Yes….because there is no other way to get shelter. Everyone we see in a home or apartment owns it.
Now our Muslim scholars are playing with the text to make interest (riba) halal, as the Jews did. You can,t take interest but you can give. Such a shame. There is no example in our history where Sahabas have paid interest to jews or anyone else.
And this mufti Taqi Usmani sahib fatwa..... now if you go to an Islamic bank, their contract is much harsher than the English banks and you pay more price at the end.
Ya Allah (swt) whats happened to these so-called scholars.
Salam alaykum
The one giving it, taking it, being a witness are all the same- muhammad(saw)
And there is an alternative, RENT IT! When your life is in danger, Quran permits you to eat porc. But ONLY when your life is in danger. This applies to all haram things. No one died living in apartments. Allahu alim
Why do muslims drive cars, when car insurance is haram
A mortgage is a haram riba-based transaction that is based on a loan with interest in which the owner of the money takes as collateral the property for the purchase of which the borrower is taking out the loan, until the debt has been paid off along with the interest (riba). If the debtor is late in making payments, then the owner of the money is entitled to sell the property and take back his money.
Alhumdolillah it is encouraging to see lots of us still prefer to pay rent instead of going toward riba way. I always say that if Allah wills then I will buy a house by paying cash because He is the one who is going to make it easy for me to buy my own house. Insha Allah
my husband wants to get a mortgage as it's the same price as rent and if we go rent a different place now we can't afford it at all. The house we currently staying in is not suitable for raising kids. so he is adamant about getting a mortgage. But I have zero intention of committing that sin or letting him commit it. I advised him as much as I could but it always ends up in a fight, especially this topic. He asked me to sign the contract as it's a joint application and he said that I don't have to pay money from my side, just asking me to sign. I don't know what to do. I feel like I don't even want that house which is haram. I feel helpless. I feel bad even to sign the paper.
Sister pray as much Tahajjud as u can and ask Allah to make a way out for your family.But for the sake of a comfortable abode in this temporary duniya don't compromise your Akhira.
Im am blessed listening to this platform. Thank Dr. Ally for the wisdom of interpreting quran and thanks also to the beautiful lady moderator
Look at the evidences fully before concluding
No don't thank, wrong answer the shekh gave, read Quran, it's very clear meaning the answer + read the comments, brothers have posted actual answers from the Quran which from Allah directly
My heart told me that this is not the case, I advise not to go for his interpretation. There are no grey scales in Riba, it's Back or White. That's what I believe Allah ordered us to do. Or at least research more before taking on his stance.
May Allah safeguard us from innovation and the misguidance.
May Allah grant us unwavering adherence to sound knowledge in the light of the Quran and Sunnah, following the understanding of the companions.
May Allah forgive our mistakes and shortcomings.
Ameen
Ameen
Ameen
Its important to remember, Allah has said, the fire in hell will be made from the people who deceive the believers. This is such a sensitive subject, it's best avoid at all cost to borrow money on interest. No matter which way. May Allah guide us all.
But in the Koran it says Allah is "the greatest deceiver". Did you know many, many, many yrs before mohommed the Bible described Satan as "the greatest of deceivers". Isn't that interesting??????????
@@klivityloja3067 taking words out of context is what people like your self do best. My only answer to you is this. One day before soon, we shall both die. Atleast that, we both mutually agree on. We shall then see who followed the devil within our selves and who served God better. There is no hiding from the truth on the other side. That you WILL find out my friend. I suggest open your heart and see the truth, before it's too late.
SubhanAllah (Glorified and Exalted is Allah)
SubhanAllah (Glorified and Exalted is Allah)
SubhanAllah (Glorified and Exalted is Allah)
Muslim (1598) narrated that Jaabir said: The Messenger of Allah (blessings and peace of Allah be upon him) cursed the one who consumes riba and the one who pays it, the one who writes it down and the two who witness it, and he said: they are all the same.
Meanwhile...houses in east Australia are going for $1M+ on average..
Great advice Brother
Mashallah explained with such taqwa. Jazakallah for explaining in such a beautiful manner. There are always other alternatives than taking interest. We want to own a house but when we leave this world we ain’t taking it with us. There’s no hard rule that we have to own a house at all costs. May Allah make it easy for all and give barakah
Your children might thank you for leaving them a home that is safe and secure.
@@NoPantsBaby i fear they are not thinking about the kids or maybe they dont have any?
@@Wanderersays thank you for calling me a bad word.
@@bluesage7744 you have a lot of growing up to do, my man - if you think that was a bad word. But, since you really felt bad, then I'll take it back.
@@Wanderersays thank you for patronizing me.
May Allah SWT guide us all. When it says anything involves INTEREST, I'd rather stay away and be blessed and loved by ALLAH SWT for adhering to TAQWA for he loves one who abides and adheres to his rules than luring around the sinful boundry. Also, the Shaik rightly pointed out that that ALLAH takes the side of OPPRESSED and THE HOLY QURAN shows us the path on how to be just and leave peacefully in the society than create any imbalance and disruption.
For me personally all it matters is my HOME in JANNAH, All living things die and die without anything they can carry forward to the hereafter. As a believer, I believe in Allah SWT and his prophets and his rewards and punishment. One thing I have observed is all this worry and pain is until you are alive and once your soul leaves your body world things hardly matter....May Allah SWT protect us all...
Aameen ☝🏽🤲🏽❤
Alhunmdialia thank you brother for this explanation.
?????....Huh?....
Do you mean Alhamdulilah? Brother I hope you aren't drinking, it's haraam
And what exactly is his basis on this reason from quran or hadith. Quran clearly states riba is not allowed not taking or giving
What happened to Hadeeth Rasool Allah
" Allah damme the one who eat Reba and feed it " ???!!! Saheeh
What's this look a like shaikh benefit out of this lie about one of biggest sins $$$$$$$
No,do not follow Shabir Aly's explanation.He is entirely wrong.
“And for their taking interest even though it was forbidden for them, and their wrongful appropriation of other people’s property. We have prepared for those among them who reject faith a grievous punishment (4: 161)”
Surah al-Baqarah, verses 275
“Those who benefit from interest shall be raised like those who have been driven to madness by the touch of the Devil; this is because they say: "Trade is like interest" while God has permitted trade and forbidden interest. Hence those who have received the admonition from their Lord and desist, may keep their previous gains, their case being entrusted to God; but those who revert shall be the inhabitants of the fire and abide therein forever.” (275)
“0, believers, fear Allah, and give up what is still due to you from the interest (usury), if you are true believers.” (278)
“If you do not do so, then take notice of war from Allah and His Messenger. But, if you repent, you can have your principal. Neither should you commit injustice nor should you be subjected to it.” (279)
Allah Hu Akbar
This is off topic. These verses are about charging interest, not paying it.
@@Sorel366 Muslim (1598) narrated that Jaabir said: The Messenger of Allah (blessings and peace of Allah be upon him) cursed the one who consumes riba and the one who pays it, the one who writes it down and the two who witness it, and he said: they are all the same.
Shaykh Ibn ‘Uthaymeen (may Allah have mercy on him) said:
That is, (they are all the same) in terms of being cursed, because they co-operated in that.
@@furidamusan yes bro, I am not sure what has gotten in the minds of these scholars. Unbelievable nonsense. They have been living in the west and have got inferiority complexes and bend Islam to cover their weaknesses.
@@HenryTownsmyth Where can you find the opinion of other scholars?
I'm so sad, i have 2 members of my family whi have just signed a contract for buying a house with interest. They quoted Yasir Qadhi (whom I respect, and agree with most of the time, but not with this) and my whole family very religious and basically uphold every pillar of Islam. They give lectures and khutbus, and have deep knowledge of Islam, yet they feel this is ok..idk what to say. They all gang up on me and wonder why I make a big deal about it bc I made harm choices myself in the past. I feel no 1 will take my advice unless I'm a certified Sheik, and even then they will always find a prominent Sheik to back up their choice. May Allah forgive them and myself
Do not take knowledge from Western daees or scholars..we take knowledge from real scholars.of.Islam. where Islam was founded in the Middle East
You have tried your best in advising them, but their arrogance in justifying the haram has bested them. Just let it go. Allahu yahkumu bainakum yaumal qiyamah
Assalamu alaikum... Dr Shabbir Ally is by far my best Muslim debater.
Pls is there any official website to download you debate
Salam everyone, I have been living in Australia for the past 36 years and paying rent so be patient and overcome your desires. Allah loves sabrin
“لأَنَّهُ يُوْلَدُ لَنَا وَلَدٌ وَيُعْطَى لَنَا ابْنٌ يَحْمِلُ الرِّيَاسَةَ عَلَى كَتِفِهِ، وَيُدْعَى اسْمُهُ عَجِيباً، مُشِيراً، إِلَهاً قَدِيراً، أَباً أَبَدِيًّا، رَئِيسَ السَّلامِ.”
إشعياء 9:6 KEH
“مَنْ آمَنَ بِكَلامِنَا، وَلِمَنْ ظَهَرَتْ يَدُ الرَّبِّ؟ نَمَا كَبُرْعُمٍ أَمَامَهُ، وَكَجِذْرٍ فِي أَرْضٍ يَابِسَةٍ، لَا صُورَةَ لَهُ وَلا جَمَالَ يَسْتَرْعِيَانِ نَظَرَنَا، وَلا مَنْظَرَ فَنَشْتَهِيَهُ. مُحْتَقَرٌ وَمَنْبُوذٌ مِنَ النَّاسِ، رَجُلُ آلامٍ وَمُخْتَبِرُ الْحُزْنِ، مَخْذُولٌ كَمَنْ حَجَبَ النَّاسُ عَنْهُ وُجُوهَهُمْ فَلَمْ نَأْبَهْ لَهُ. لَكِنَّهُ حَمَلَ أَحْزَانَنَا وَتَحَمَّلَ أَوْجَاعَنَا، وَنَحْنُ حَسِبْنَا أَنَّ الرَّبَّ قَدْ عَاقَبَهُ وَأَذَلَّهُ، إِلّا أَنَّهُ كَانَ مَجْرُوحاً مِنْ أَجْلِ آثَامِنَا وَمَسْحُوقاً مِنْ أَجْلِ مَعَاصِينَا، حَلَّ بِهِ تَأْدِيبُ سَلامِنَا، وَبِجِرَاحِهِ بَرِئْنَا. كُلُّنَا كَغَنَمٍ شَرَدْنَا مِلْنَا كُلُّ وَاحِدٍ إِلَى سَبِيلِهِ، فَأَثْقَلَ الرَّبُّ كَاهِلَهُ بِإِثْمِ جَمِيعِنَا. ظُلِمَ وَأُذِلَّ، وَلَكِنَّهُ لَمْ يَفْتَحْ فَاهُ، بَلْ كَشَاةٍ سِيقَ إِلَى الذَّبْحِ، وَكَنَعْجَةٍ صَامِتَةٍ أَمَامَ جَازِّيهَا لَمْ يَفْتَحْ فَاهُ. بِالضِّيقِ وَالْقَضَاءِ قُبِضَ عَلَيْهِ، وَفِي جِيلِهِ مَنْ كَانَ يَظُنُّ أَنَّهُ اسْتُؤْصِلَ مِنْ أَرْضِ الأَحْيَاءِ، وَضُرِبَ مِنْ أَجْلِ إِثْمِ شَعْبِي؟ جَعَلُوا قَبْرَهُ مَعَ الأَشْرَارِ، وَمَعَ ثَرِيٍّ عِنْدَ مَوْتِهِ. مَعَ أَنَّهُ لَمْ يَرْتَكِبْ جَوْراً، وَلَمْ يَكُنْ فِي فَمِهِ غِشٌّ. وَمَعَ ذَلِكَ فَقَدْ سُرَّ اللهُ أَنْ يَسْحَقَهُ بِالْحَزَنِ. وَحِينَ يُقَدِّمُ نَفْسَهُ ذَبِيحَةَ إِثْمٍ فَإِنَّهُ يَرَى نَسْلَهُ وَتَطُولُ أَيَّامُهُ، وَتُفْلِحُ مَسَرَّةُ الرَّبِّ عَلَى يَدِهِ. وَيَرَى ثِمَارَ تَعَبِ نَفْسِهِ وَيَشْبَعُ، وَعَبْدِي الْبَارُّ يُبَرِّرُ بِمَعْرِفَتِهِ كَثِيرِينَ وَيَحْمِلُ آثَامَهُمْ. لِذَلِكَ أَهَبُهُ نَصِيباً بَيْنَ الْعُظَمَاءِ، فَيَقْسِمُ غَنِيمَةً مَعَ الأَعِزَّاءِ، لأَنَّهُ سَكَبَ لِلْمَوْتِ نَفْسَهُ، وَأُحْصِيَ مَعَ أَثَمَةٍ. وَهُوَ حَمَلَ خَطِيئَةَ كَثِيرِينَ، وَشَفَعَ فِي الْمُذْنِبِينَ.”
إشعياء 53:1-12 KEH
The reason why anything is classed as Haram is because it is detrimental to you. Taking interest is haram because you're ripping people off and therefor a sin. Paying interest is haram is because you're ripping yourself off therefore you have sinned against your own self. Since we are all using paper money anyway which is a usury based entity we need to calculate which option allows us to pay less:
The paying of interest on a mortgage VS paying of rent which includes the fee for the interest on the rented property. You cannot ignore this and say 'it's not my problem my landlord has a mortgage.
If you're rented property is owned outright by the landlord then the rental price should reflect this and be lower in an ideal market place as the landlord overheads are less. This then would mean we would choose to rent VS pay an interest mortgage. However, if this is absent then a conventional mortgage is cheaper ripping you off less and you are 'oppressing yourself less'. We all need to recognize that the use of FIAT money itself is intrinsically usurious and the financial mortgage system is a secondary issue. We are all already paying riba through inflation by use of FIAT money. This has been imposed on us not through our own will. Therefore we need to mitigate our losses by using appropriate workarounds.
How are we already paying riba through inflation by the use of fiat money?
So if you are saying renting vs taking mortgage in relative term of lessor oppression would justify interest, then how about mortgage holder defaults. In mortgage defaults would be more oppressive then outright renting because bank is always protected from loses while ordinary mortgage holder shares uneven risk with bank. Mortgage is a securitized derivative which bank will sell to other entity with no strings attached while you have a liability of home and need to have secured/continuous income source. Should you defaults, you lose everything. Isn’t it oppressive to you? Now I understand your argument about fiat money itself is riba because government robbing our purchasing power (oppressive). But i am completely convinced on mortgage vs rent in term of oppression argument
@@mohammedkhan2020 I dont see the relationship between fiat money and riba.
@@Zion_simmons Bank is not always protected, the property my not cover the loan. Should you default - you have not paid for the house so how can you say you lose everything? You have been paying the equivalent of rent or less, thats all. This all has nothing to do with fiat money. It would be the same with gold money.
@Ahmed Naemi often your mortgage is securitized and sold at wallstreet as mortgage backed securities. What assures you the Islamic financing is not doing the same. Fiat system is akin to riba because every fiat money in created with simultaneous debt issuance money is loaned into existence even before you it is circulated (a big Ponzi scheme). Isn’t ponzi scheme no riba?
Not a clear answer. Are you saying giving interest is ok if situation is need of house such as renting house becoming difficult day by day? Can you guide me relevant fatwa? Also please explain in detail?
It's haram. Search the hadith about interest.
The following are some ways that Riba is different from Mortgage Interest:
~ With riba, the rich lender does not contribute to any business, he simply uses his money to grow his wealth.
With mortgage, the rich lender (or bank) at least mandates the borrower to get an appraisal, inspection and home insurance. They spend time to review those docs too. Should they not be compensated for putting in their time to review documents that benefit the home and the borrower?
~ With real riba, the lender lends money, and he gets back money with extra. Its money for money plus extra. Or gold for gold plus extra. With mortgage, the bank never hands you the money. Instead they hand the money to the seller and then make an agreement with you to transfer the house to you for a higher price. Its basically a product for money, like a trade, but not money for money.
~ With mortgage, the borrower and lender each put up their own money to fund the purchase therefore both having a stake in the house, both legally and practically. This is like a business partnership with the bank. With riba loans, no such partnerships exists where both parties are tied to a commodity.
Great very precise and clear.
Have any of you (those of you in America) heard of guidance residential? They give you a mortgage in an Islamic way. It's not a conventional mortgage with interest.
It's same. Look at the loan document. They lie to people.
@@alrahmanu can you please describe in detail or perhaps share a document that outlines what part of the contract is haram and how in light of islmic (quran and hadith) guidance
@@MV-sy9bz i got an estimate from guidance residential and on that document it said “profit rate”, there is a percentage you have to pay in your monthly mortgage which is basically interest rate. They just changed the name from interest rate to profit rate. Its the same. Thats why im so confused, we don’t really have a choice specially if you cant continue to pay rent in old age.
Let me tell you a story. An obedient son of parents wanted to marry Jamila. Parents would not agree and asked son to marry anyone but Jamila. The obedient son changed the name from Jamila to Shakeela and married Shakeela. The guidance residential will be guided to hell fire when the time comes. They just relabeled interest and nothing more.
But how is it fair that rent is higher than mortgages nowadays? I mean isn't this just wasting money as well? We live in California where houses are $700K+ .. how is it fair that we should rent for the rest of our lives and never own a home?
Can you mention the Hadith about what the Prophet ﷺ said about someone who deals with interest or pays it???
What do you say to people who say, I will buy a house using a conventional mortgage( giving interests to someone else).BUT, after some year he/ she may decide to sell it, for obvious reason, to make a profit. So, now he is taking an 'interest' by making a profit from selling it. e.g. they buy for 350k and sell it 5k. What do you say to people who do this?
That is business and nothing wrong with it.
You are more confused than this mullah, profit is not interest, interest is never applied to principal, the profit is difference between the then principal and the current market value.
Yeah sure. Let's just ignore the explicit hadith of the Prophet (saws). Subhan'Allah.
But renting is also giving money to the landlord that is taking a mortgage from the bank. Might as well go for a mortgage so that we can own the house one day and reduce the damage that may be done by renting from a capitalist landlord.
But are you paying him interest ? The answer is the no. then whether or not he’s paying riba doesn’t concern you what concern you is You don’t pay him riba if the owner uses that money to pay riba that’s him and Allah
@@ametsylla9040 that’s true, if you go into a store and buy groceries for your self and then that store owner with the profits goes and buys drugs or what not, this does not concern you what so ever
That’s not true paying rent is not like paying interest. And even if you think we’re ‘helping’ the landlord thats not true we don’t have any other option to live someplace else. What , you want us to live on the street!?
Yes one day you’ll be owning the house but not any house….. a 100% haraam house. And you’ll be under the Baddua (curse) of our Prophet (saw). 100% loser in the hereafter. Owning a house is not success but Jannah is. Mortgages lead to jahannam. Choose wisely as it’s your life for eternity.
It is narrated on the authority of Abu Huraira that the Messenger of Allah (ﷺ) observed:
Be prompt in doing good deeds (before you are overtaken) by turbulence which would be like a part of the dark night. During (that stormy period) a man would be a Muslim in the morning and an unbeliever in the evening or he would be a believer in the evening and an unbeliever in the morning, and would sell his faith for worldly goods.
I have a mortgaged house but i am selling because i cant live with the guilt of paying riba but there are lot of people saying you are allowed to have a house on mortgaged just so confused with some people
Bank can buy the house, and then sell it to you with installments. Like buying a furniture from store. Store owner adds the profit to the furniture and sells it to you with installments.
So what your saying is the store owner bought it twice. Strange explanation
@@saif1002 I meant this: a furniture store buys a lot of furnitures and sells them to its customers with installments and makes profit. Where did you get the “buys twice” idea I don’t understand?
@@cuneytkilich if that's the case why doesn't the previous home owner sell it to the new owner on installments.
You went to the bank simply to borrow money and they charged interest. Look at the other side, If I put $100000 in the bank they will give me the same interest what they earn from you. It is Harram, Hope that answers the question.
@@saif1002 I didn’t say that the current system is halal, I meant that banks “can” open a section aligns with Islamic rules: they can buy the house and sell it to you. First owner can sell the house to the bank and then bank can sell it to the next owner with installments. Muslim community must look for this kind of negotiations with the banks to come up with solutions of problems of their people instead of pointing out the problem only. Otherwise Muslim people will either unwillingly be stuck in interest to own a house or stay weak, poor, and victim of the system. In the UK, some universities offer student loans according to the Islamic rules.
@@cuneytkilich Islamic banks already do this, its called musharaka and murabaha. Its really no different than interest.
Asslamu Alaikum
We live in New Zealand and lots of Muslim brothers and sisters want to buy their house to live as renting is very expensive. But unfortunately we do not have any financial organization who provides Islamic home loan. All the banks here we have follows the traditional rules and apply interest on the given home loan. As a 1st home buyer lots of Muslim brothers and sister are in confusion and they don’t know what would be the best possible solution to solve this problems.
Could you please guide us to take the proper steps and help us to stay away from mistakes.
Jajakallah
Islamic banking is basically 2 contracts in one. One is a rental contract, and the other is the borrowed money contract. Either way, you end up paying a lot more, than the initial cost of the house. In other words, it's Riba by the backdoor. That's the world we live in, labels are more important, than truth.
Assalam o Alikum...
Your videos are highly informative. I need a favor from Dr. Shabbir. can you ask him to recommend us some books to enhance the knowledge of our religion. It would be a great favour.
khurram attaullah study Quran
Buying A House On Mortgage
LIFESTYLE
OPINION
MEDIA
DEEP DIVE JOBS
()*
Author:
Edited by Adil Salahi
Publication Date:
Wed, 2002-10-23 03:00
Q. You have given a ruling that buying a house on mortgage in non-Muslim countries is permissible, but you provided no source of evidence. As you know, such a transaction involves the payment of interest which is a form of usury. You treated this as a necessity. Surely, this cannot be so. How can you compare a starving person who is allowed to eat forbidden things, such as pork, in order to preserve his life, and one who can rent a house, rather than buy it with a loan that pays interest? There is no emergency in this second situation; no question of life and death. Are you not yielding to the pressure of Muslims living in America and Europe who are really after improving their material situation in this life, rather than abiding by Islamic rules? Could you not advise them to try to pressurize Western governments or Western banks to provide some sort of transaction that can be acceptable under Islam? Alternatively, they could go to Islamic banks for an acceptable solution. If we are to allow what is forbidden, that is surely a grave error.
R.A. Bana
A. There are several points to make here. The first is that we do not try to legalize what God has made forbidden. Far be it from us to do so. This is a grave sin, and we pray to God that we never make such an error. We accept all that God has decreed, considering lawful only what He has made lawful and abiding by what He has prohibited.
Secondly, we in no way compared buying a house with a person reaching a degree of starvation that allows him to eat pig meat in order to preserve his life. We spoke of having a house as comparable to a necessity, but we did not suggest that there is a question of life and death. Scholars identify five areas which must be preserved for human life to progress. These are: self, mind, offspring, faith and property. Indeed, all divine and man-made laws recognize the need to ensure the protection of these five essentials.
Muslim scholars divide actions and practices that serve people’s interests into three categories: necessities, needs and improvements. Necessities are actions and practices that are essential to ensure the achievement and protection of those five purposes. Needs are those that are not absolutely necessary for the preservation of those five areas, but needed to remove difficulty and ensure comfort. Under this category of needs we may include the permissibility of hunting, renting and leasing. You may consider that if renting was not permitted, people would have had to own every thing they need, even temporarily. The third category includes things that are not needed to remove hardship or difficulty, but their observance promotes moral values, good manners, and well-being.
When we consider housing in human life, we may say that people can survive in caves, forests and tents. As long as they have some sort of protection against the elements, they can survive. So, where do we classify a house under the three categories? Well, it is better not to go into a detailed discussion on this point, but we may say that having some accommodation is a necessity, while ownership of such accommodation is a need. It is easy to explain why it is a need, considering that people may not always have sufficient income to rent, and as they grow old, they may not be able to work and have an income. If they do not have a house of their own, they may run into great difficulty.
Now, let us look at the possibility of buying a house on mortgage. I have stated in these columns more than once that it is permissible. But this is not a personal opinion. Some of the top scholars have given such a ruling. The late Sheikh Mustafa Al-Zarqa, who ranked among the top ten scholars of Fiqh in the 20th century, gives such a ruling. More recently, the European Fiqh Council, under the chairmanship of Sheikh Yusuf Al-Qaradawi, has given a similar ruling. The Council gives a dual basis for its ruling: the first is that house ownership is a necessity, and the Qur’an mentions the lifting of prohibition in case of necessity in five different verses, such as 6: 119 and 6: 145. It also makes clear the rule agreed by scholars that a need could be treated as a necessity under certain conditions. This is rule 31 in Majallat Al-Ahkam Al-Adliyyah which was a codification of Islamic law issued by the Ottoman Caliphate in 1293 AH, corresponding to 1876 CE. The other basis for the ruling, which is also the basis adopted by Sheikh Mustafa Al-Zarqa, is the view of the Hanafi school of Fiqh which allows Muslims to participate in transactions that may be prohibited under Islam, but allowed by the law of non-Muslim countries, provided that there is a real interest for the Muslim in such a transaction, and that no shady dealing or deception is involved.
I have cited these cases to show that this is an acceptable ruling by an increasing number of scholars. I am not particularly happy with the second basis of the ruling by the Council although it is the view of the Hanafi school of Fiqh, which is widely acceptable as a school that Muslims may follow. However, I find that the mortgage transaction differs in substance with a usurious loan. Here the mortgager, who buys the house, receives much more than the amount of money the bank advances to him. This is the full ownership of the house which ensures for him any profit made on the house, should he want to sell it at any time during the loan period.
Finally, I object to the reader’s comments about the behaviour of Muslims in the USA or other places. He assigns to them motives which may or may not be true. He is better advised not to judge people’s motives, as he cannot prove them. Let motives by judged by God alone.
The Quran is the best
This question is always complicated. Because most people can't afford buy a house cash because house prices is so steep. It's a catch 22 situation because we muslim must follow Quran and sunah. The other question is why would anybody that doesn't know you borrow you 200.000 dollars interest free.
i am a little bit confused. the realt estate owner build a house, a muslim wants to buy a house but he cannot afford the actual price, so the option is through installment in order for a muslim to get the house, how it became riba?
let say the actual price of the house is 1 million, then the bank bought this house and sell it to the muslim at another cost let say 1.2 million but you will pay it by installment for a period of 25 years, is it riba?
please clarify...because my understanding of riba is, a loan of 500 then a return of 600.
Don’t pay riba guys this life is temporary
You just live for few decades, compare that to eternal hereafter…
Indeed, We have made that which is on the earth adornment for it that We may test them [as to] which of them is best in deed. And We will certainly reduce whatever is on it to barren ground. 18:7-8
Be patient in this life, Allah will give you a huge palace with rivers and gardens in paradise. Full of luxuries and free from flaws we see in this world.
What is the example of this worldly life in comparison to the Hereafter other than one of you dipping his finger in the sea? Let him see what he brings forth. (Source: Sahih Muslim 2858, Grade: Sahih)
What about your children what do you leave them homeless?
@@Islam_is_the_truth.4 I’ll rent a home or buy a small home that I can afford. I’ll never rage war against my creator just so that they can enjoy the luxury of big home.
Again, this life is a test, the final destination is grave for those who sleep in palaces and also those who sleep on streets
@@Fundamental_Islam. who said anything about a "big" home?
would like to know what this doctor has to say about people receiving benefits?
disability benefits etc? is it ok to receive haraam tax payers money.
is it ok to pay taxes eg from your salary?
or is it only about interest
Exactly would love to hear on the benefit too. People claim them which ever way they can.
Taxes are not much different than zakat, the concept is to collect from the well off and give it to the needy or run social programs that benefits the poor. On a separate note, I would suggest not to over think. The message in Quran is simple and straight forward.
Le me make it more simple. It *used to* **always** be considered a shame to take loans and usury as well as to obtain usury in Muslim traditions: both to support usury and to engage in it.
It takes some courage, brother after what has happened to our world. Lets show some courage then.
1) Thinking something "haram" as "halal" is always worse. 2) Prophet SAWS cursed those who take, give, n deal in riba 3) It still oppresses people even if one doesn't see it right away but we must abstain from it due to Taqwa 4) It is better to acknowledge taking or giving riba is wrong, seek forgiveness n hope for Allah's mercy. While a few scholars may think its ok, the majority don't. Why do we want to wage a losing war against Our creator which is good for no one?
Hard to respect This Channel when the speaker doesn’t speak straightforward. Riba is a sin. This should be an easy answer. Regardless of the worldly benefits. I’m noticing Shabir Ally isn’t as firm as he should be in answering these questions.
Absolutely agree.May Allah bestow on you his blessings.
@@shirajpatel3029 Alhamdullilah Allahumma Barik
very difficult to give a fatwa in 4 mins when there are conflicting opinions amongst scholars
People like him had a respectable friend who is might be a scholars who is not align with his view, this is a public speech he should spout defensive answer. If you want his real answer meet him personally
He is a people pleaser but Allah knows his heart better
Modernists do not accept the idea that riba=interest. Riba was charged by unscrupulous unregulated moneylenders at the time of the prophet, when the livelihood (land and cattle) of debtors was seized and they were sold into slavery -obviously an unjust system, as Dr Ally discusses. This is obviously not the same as interest in modern regulated financial markets.
Sheikh assim has answered the similar question, kindly check it out...
Ibn Mas'ud narrated:
"The Messenger of Allah (ﷺ) cursed the one who consumed Riba, and the one who charged it, those who witnessed it, and the one who recorded it."
He said: There are narrations on this topic from 'Umar, 'Ali, Jabir [and Abu Juhaifah].
The Hadith of 'Abdullah (bin Mas'ud) is a Hasan Sahih Hadith.
Reference : Jami` at-Tirmidhi 1206
I've been trying to understand Islamic finance (which is why I'm here) and found some of the relevant verses in the Quran (2:270-280), which I've never read before because I'm not a Muslim... My main thought so far is, this would work so much better with a sound money. Money that debases for every political whim of a government loses value at varying rates, which practically forces you to seek an interest rate of return. I haven't found any Quranic verses yet that specifically say that you must not debase the currency, but I think everything I've found so far points in that direction. Also I suppose it was written at a time when precious metals were used as money, so it may have simply assumed that money isn't inflationary. Anyways... Just trying to understand...
You’re absolutely correct about it.
@@FirstnameLastname-gy4bz nice
So right.. after listening.. i am where I started. :(
What i am supposed to do with my saving.. when they keep losing value.. and i keep living on rent... till one day I would retire with no home... :(
@@user-ue2ck5gm8w yes J its brilliant idea.. but i would have security concerns if i have it at home.. if I have it in locker.. then i don't know.. if bank goes bankrupt....
I thought a lot to buy cheap piece of land away from city.. and building a hut on it... and sell it.. one after another till I have money to buy a house.. But too lazy to do...
Buy the house. Ignore the comments. Better to pay affordable riba than receiving government handouts..allah knows all. You're not eating the riba.
@@almulakimaalimalriadiat9068
This is exactly what I think of...
Lolz
May Allah SWT help us and make our (All Believers on Earth) understanding for this matter crystal clear.
Ameen🤲
I'm just gonna add something here in slight disagreement. Not sure if it was this Imam or another I watched who said: The extention of or connection to Hiram is Hiram ... then to pay a rent that pays a mortgage for the owner is Hiram....therefore it becomes a question that will never have a direct answer or you must pay cash for your home purchase and then that takes on another dimension. May Allah Bless this information I've provided as clarification or helpful information. As Salaamu Wa Alaikum
I am in military and we thrift saving plan tsp that we are automatically enrolled. My question is can i invest into the tsp , is it halal to do so?
Pls answer back. Im struggling .
Thanks
You cannot say it’s okay to give interest. It is not. Allah swt curses the one who TAKES & GIVES it.
This question is a piece of cake although he said it’s not easy to answer. It’s HARAM very simple no doubt absolutely
@@byagiejakiteh9501 in the Quran it clearly says the war is against the ones who RECEIVE the interest and not the ones who GiVE as Allah is protecting the ones who have no choice but to give the interest. Now some may say that you can rent instead because if you have a mortgage you’re giving interest you are then an accessory to the ones who are actually Receiving which is haram. This maybe a valid argument but again this argument may not stand well if you think about the fact that the vast majority of landlords who rent properties have mortgages on the properties and they use the rent to pay the monthly mortgage. So as someone who rents are you not someone who also is an accessory to the landlord paying interest and the bank receiving? It’s all the same and not being involved in interest in the current system is almost unavoidable. So someone please tell me what the solution is?
@@lap19 are you paying interest? No. Pay your rent and move on. You don't need to doable in to landlord finances.
@@byagiejakiteh9501 since when are u a scholar of Islam?
@@bobmoonah5143 this Hadith is clear enough to understand even by people who aren't scholars:
Ibn Mas'ud narrated:
"The Messenger of Allah (ﷺ) cursed the one who consumed Riba, and the one who charged it, those who witnessed it, and the one who recorded it."
He said: There are narrations on this topic from 'Umar, 'Ali, Jabir [and Abu Juhaifah].
The Hadith of 'Abdullah (bin Mas'ud) is a Hasan Sahih Hadith.
That's interesting to know. In Judaism we are forbidden to lend or borrow at an interest to and from another Jew. In fact Jewish communities we sometimes have a system setup called Gmakh. It's basically a fund for people who need a loan to borrow interest free.
Interesting! Thank you for sharing. We have a lot more in common than at first glance :)
@@QuranSpeaks yes we really do.
your ancient priests corrupted the thora. That"s why Islam came. The original thora forbid interest to everyone , not just between jews.
why are non-jews inferior to jews in judaism?
Many brothers would band together and buy a slightly larger house to drop the mortgage or simply to buy the house straight away…Strength in unity. Instead of each one buying a German car, they would each buy their own car and then contribute to buy a German car that they would take turn to use…They would be each other’s partner in a business venture to decrease the cost…
What if someone converts to Islam while living in a home they used an interest-based loan to buy? If no shariah-compliant refi options exist, do they have to sell their home?
Salaam alaykoum what if you regret buying a house with riba after 6 months?
Ask for forgiveness
If possible get out of the commitment as long as you can do this safely i.e you won’t be homeless as a result, otherwise ask for forgiveness and complete the payment - once again, so long as you have an option to get out of paying the mortgage, even if that means giving the house over to the bank, you should do it. This dunya is temporary, afterlife is eternal.
Wa alaikum salaam warahmatullahi wabarakatuhu. If you did not know. Ask for forgiveness sincerely and promised to not do it again.. Allah will turn your bad deeds into good and will find an easy way to get you out of this situation. Verify yourself SURAT 2 VERSE 261 AND UP. It's so BEAUTIFUL AND CLEARLY EXPLAIN EVERYTHING. YOU WILL FIND PEACE. MAY ALLH HELP YOU.
@@maaahhdi What to do if someone already purchased a house on mortgage ? or is it too late and destination is Jahannam ? I get that Allah forgives if you sincerely repent but I'm looking for a solution as to how to escape the riba based mortgage already used by my parents to purchase a house. Do they continue to make those mortgage payments ? or can or should they sell the house ?
@@CelestialTrailblazer Salam brother, may Allah grant you reward for acknowledging the sin of Riba. I am not a scholar, and my previous comment was based on videos I was watching at the time (trusted sources). I recommend you seek knowledge from someone knowledgeable i.e. a mufti. May Allah grant you barakah and make it easy for you and your parents. Ameen
In Authentic Hadith, it clearly states that it is Haram for both giver and receiver of RIBA. Let's not make excuses for participating in RIBA. One always has the option to rent, save and use a Debit Card, etc. If that is the case... where we can start participating in Haram b/c it is a necessity in "our modern times", then lets start finding excuses on ust about everything. Sad to see the condoning RIBA instead of lifting others to work harder, to strive, help each other, find an islamic bank --instead of saying, "it's OK to take a Mortgage, as long as you only pay it and not receive it" or "you need a credit card to rent a car". If you truly need a place to live you can rent and save until you can buy and don't participate in RIBA just for the sake of owning a home. If you need to rent a car, then save and have funds in the Debit Card. Look, If all we are trying to do is find excuses to participate in Haram, we always will. I respectfully and totally disagree. Asalamu Aleikum. and I hope this comment is not deleted like my previous one.
What to do if someone already purchased a house on mortgage ? or is it too late and destination is Jahannam ? I get that Allah forgives if you sincerely repent but I'm looking for a solution as to how to escape the riba based mortgage already used by my parents to purchase a house. Do they continue to make those mortgage payments ? or can or should they sell the house ?
But even debit card has annualised interest 🥺
One thing I've come to realize through my life experiences is that every person who believes in Allah and his messenger, and then tries to decide on any issue in his life by sincerely asking themselves: What would the prophet pbuh have done in my situation so that I may act on it? .. by Allah, the truth will certainly be made clear and Allah will guide you to what is more pure and righteous.
May Allah bless all those who remain sincere and steadfast.
As long as one lives inside a fiat money economy where the generation of money involves interest (research how fed creates money), then you are involved in interest one way or the other. If you earn and keep dollars under a pillow, the fed keeps diluting its value (collecting interest from you without you doing anything) intentionally at a low positive rate called rate of inflation. Am no economist, but if you keep money somewhere and it's value keeps changing, then that doesnt seem to fit the traditional religious view about money. I guess they didnt know about such system perhaps. If someone works at a bank which makes profit out of interest, then he would be interpreted as a cog in the interest machine aiding the machine. If that is true, then an interest rate controlled economy is not much different. Overall, cant live with such ideas.
so is there any way to buy a house without mortgage in canada? .
When you find out brother please let me know
@@MrSufiali me too
@Bilal El-Baher thanks for the information
@Bilal El-Baher what is bank name and where is adress
@Bilal El-Baher first of all it's not a bank.
If you buy on mortgage , after 30 years you can stop worrying about paying for your rooftop . Say you pass away , your family will be safe with a rooftop over their head. But if you rent , after thirty years , you will still need to keep paying until you die . After you die your family will have no rooftop over their head because there’s no one to pay rent . What if after we die then , we are question , why did we forego the safety of our family when Islam always gives a leeway if you are in desperation . Allahualam .
What about educate your kids to be independet and work and earn their own money? Even If you leave them a house, it doesn't mean that they have no costs. The best is to invest in their education to they can find a good Job to rent or buy a house without Interests. If the bank gives you a credit that means you have enough money.
Are you the provider for your family or is Allah The Provider? Remember when a Prophet, had to leave his family in the middle of the desert? What did he do?
@@faraaq one of the things to consider is as a whole we are living in a time where it is the non Islamic market that is being used as a default worldwide . Another thing is , we are living in a time where even our own family might not help us when we are desperate with no rooftop . Majority Muslim’s are living depending on the help of non muslims for food and aids . And rich Muslim leaders are keeping majority of the wealth to themselves. The Prophet (ﷺ) said, "Religion is very easy and whoever overburdens himself in his religion will not be able to continue in that way. So you should not be extremists, but try to be near to perfection and receive the good tidings that you will be rewarded; and gain strength by worshipping in the mornings, the afternoons, and during the last hours of the nights." (See Fath-ul-Bari, Page 102, Vol 1). I’m not saying we can take or cannot take a housing loan through the bank . What I’m saying is we whichever way we go to on this issue it’s a double edge sword .
@@zaze8376 What to do if someone already purchased a house on mortgage ? or is it too late and destination is Jahannam ? I get that Allah forgives if you sincerely repent but I'm looking for a solution as to how to escape the riba based mortgage already used by my parents to purchase a house. Do they continue to make those mortgage payments ? or can or should they sell the house ?
This world is temporary so we should work hard for securing our house in the Jannah. I am not buying a house because of the RIBA. Think of paying RIBA for 15-30 years. What if you die while you are paying RIBA?
I know it is difficult but May Allah help us all, Ameen.
Life is a test
Alhamdulillah
All power to amazing steadfast people here in chat. I encourage people to study the definition of RIBA fully and understand the concept of Capital lease (or Asset based lease) and Islamic Mortgages and the concepts behind those. Just using the term Interest doesn’t make a thing Riba. Once you study and consult with a specialist Islamic a scholar who is also a financial expert then you can come to right conclusion. Please refrain from forming judgement about others and boasting about your renting.
Unless u have the money!......Is there any other way?........
Rent
Islamic mortgages (e.g: al rayan bank) in the uk
Is your land owned by your government?
It makes absolutely no sense to say that the Quran makes it a sin to pay interest rather than charge interest. When riba was outlawed, interest bearing loans were common in Arabia. The Quran made it haram to charge interest and asked the creditor to forgive the loan. But if the creditor did not forgive the loan and continued to charge interest then there is absolutely no indication that the debtor is doing something haram by having to continue paying back the loan plus the interest. The Quran was always against the charging of interest and always on the side of those who were oppressed enough to have to pay the interest.
Qur'an was copying from The Bible to use it to their advantage. Islam is raw evil.
Mike Downtown you are completely misguided in your opinion about the Quaran. You are of those who love to cause division amongst society! Please stop your hate! Behave yourself! Learn to read n educate yourself before speaking a load of rubbish! GROW UP
Jabir said that Allah's Messenger (ﷺ) cursed the accepter of interest and its payer, and one who records it, and the two witnesses, and He ﷺ said: They are all equal.
I salute you Dr. SHABBIR for explaining mortgage & ruling so logically.
Some of the mosques in many western countries bought with mortgages. Better bot to pay interest, for everyone, but nowadays it's extremely hard to avoid paying interest.
The key is intention
If you take a loan to go to school and for most of us that is the only way to pay for university level education, I would agree not haram because your intention is to go to school and provide a living for your family
Also people who understand finance know that interest rate is just the price to exchange money today for a future period
How is it any different than back in the days for example when we exchange 1 bag of sugar in exchange for 2 bags of salt..: what is the fair price / exchange, people just agree to a price and do an exchange
Similarly interest rate is something you agree to for a transaction or exchange
It’s haram when you are ripping someone off intentionally or putting them in a very hard position, unfortunately a lot of people take on more debt than they can afford and run into issues
Think of a grocery store that sells chicken, what is the fair price $15, $20 $8 etc for a whole chicken, it costs money to do business and same goes for the banks
I am against interest, and I know it is a sin. I lived in rent all my life but recently everyone seems to have started smoking marijuana and I can no longer breath inside my own apartment. Moving to another apartment cannot solve this problem as most of my friends have the same problem as me. Islamic banks in Canada are unaffordable, so what do we do? Keep breathing the smell of marijuana and let our kids get sick?
@@SulaimanShah
Brother
Be careful of what your saying
Could you please shed light on this hadees then, where the curse is also on the people who take it:
Abdullah ibn Mas’ud reported: The Prophet, peace, and blessings be upon him, said, “Allah has cursed the one who consumes usury, its client, its witness, and its recorder. Usury and adultery do not become widespread among people except that they will become vulnerable to the punishment of Allah the Exalted.”
The Hadith is clear.
I'm never convinced by those fatawy, i have been living in the us for more than 7 years! Elhamdllah i started gradually from 0 until i bought my dream car, paid my 5 years out-state tuition in university, and got married without even having a credit card, with a part-time job in a restaurant. And if u ask me how it happens, wlahy i don't know. Somehow, Allah managed it!
If you can't afford it, then don't buy it until you have the money. Have some sabr and remember, Allah is with the patient ones! And it's just a matter of time, and he will give u what u dreamed of! Along with baraka!
Questions
1) is buying and selling at small events held inside a masjid haram?
2) why do majority of scholars say the husband and wife bond is broken due to one’s death, and the relation is no longer mahram? I read a saying of Hadhrat Ayesha RA stating that had she known what she knew then (after Prophet PBUH’s demise), none would have given ghusl to him except his wives.
I don't really see anyone talking about the fact that it's extremely difficult to avoid interest in today's society. Even if you didn't factor in house mortgages. But you literally can't do anything of any worth without credit. I don't even think you can rent without credit. Im pretty sure taxes have interest involved, and then medical bills also accrue interest eventually as well. And I'm sure I'm forgetting a few things, but if you avoided taking out any loans for school, house, car, etc. All of which is actually pretty reasonable, then how do you get around the other stuff that you just can't avoid? I just feel like In the Prophet's time it was much easier to avoid interest. Everything in society wasn't stringed up with loans and interest during that time. Now you look around and nothing that you do that involves money is without the strings of loans and interest attached even if you do avoid mortgages, car and student loans, etc. What I want to know is what to do when it's basically impossible to avoid.
You have no excuse brother
@@TheMiketyson9 Look. With all due respect, that answer is a cop-out. You're seriously going to sit here and tell me that I "have no excuse" when I just said that it's SYSTEMATICALLY impossible to avoid?? Meaning that it's basically ingrained into most all aspects of society without any option? Give mean alternative or something, because if I "don't have any excuse" then surely there must be alternatives to getting stuck in debt and paying interest in a society that literally doesn't give you any other option. I don't want to come off as being mean or anything but one thing that I really dislike about some Muslims is that they'll be the first to jump up in your face and tell you something is haram like they're so pious or something, but won't tell you the steps to take to help you to avoid that haram and then essentially leave you hanging with n sort of solution. Here I am saying that it's impossible to avoid interest and asking for an alternative and all you have to say is "you have no excuse, brother"?? Like I said, that answer is a cop-out and I'm truly disappointed.
I completely disagree. Muslims are now justifying using credit cards, car loans and mortgages because “western society” forced them. I’ll tell you you can use credit card but always pay in full, get a car pay in cash or with 0% payments and mortgages are haraam. I would love to hear your response.
Amir Siddeeq That is what I do now. Credit cards put me in massive debt at a young age. I’ll tell you it’s a corrupt system that will turn you into slave paying them forever.
@@SulaimanShah I absolutely agree. I do think that credit is a trap. I'm always saying this. So I try to avoid using it if I know I'm not going to be able to afford to pay the card in full. And I'm not justifying using credit cards or paying interest but I'm just saying it's not exactly easy to avoid in these days. Trust me, I'm definitely trying my best to avoid interest. I even have student loans that I was able to get forgiven so I don't have to pay them anymore. But I do feel like people don't *have* to have a new car so I'm perfectly okay with a used one so long as the safety features are good. I just wanted to get some alternatives to the whole interest/loan thing so I appreciate those alternatives.
I like this sheikh
He always takes the middle path as practiced by our prophet saw
Yup, he's my favorite just like Mufti Menk. They help us towards Islam :) some sheiks have been so hard, I almost left islam. I stay away from them now.
@@nazay8640 please don't let this give you second thoughts about Islam. I too see a lot of hypocrisies in many who present themselves as religious, even some sheihks have become corrupt. Remind yourself that these people are human too and can fall into haram. It's not the deen that is the problem, but man himself. It's in any faith. The dangerous part is when they stop fearing Allah swt and give fatwas like its candy.
@@mumbleIntel beautifully said, thank you!
@@nazay8640 brother just an advice i hope u take this positively i dont know if anyone else might say this to you but if u were thinking of leaving islam because of what some sheikhs said or did then please this shows a weaknesses in eman no criticism i m no angel just saying that the foundation of islam is a link to Allah s.w.t not to his creation they come secondary i hope u get what i mean and work of ur relationship with Allah the creation will always b on ur side if the creator is on ur side
Malik Mohammad
Well said Malik.
Don’t blame others for your own weaknesses.
No sheikh nor your mother will intercede for you on the day of reckoning
Would Renting be Riba being the person you pay rent to is probably using your money to pay their mortage and interest and profit. I do not pay interest but this seems counter-productive of the reason of not charging or interest to avoid enslaving oneself. Am I wrong in my impression ? If anyone can answer I would love to learn.
That's not your matter. Your matter ends when you pay the rent. After that, it's upto the home owner of what he does with your money. What if he uses your money for his family and pays from his pay towards mortgage. You don't know that and you shouldn't worry or think about that.
Your matter ends at the rent payment.
Islamic mortgage works out to the point that you end up paying appropriately 30 % more overall than a conventional mortgage..so what are you paying more to a Islamic mortgage..is it interest..if not why is it so much more