Question:
As Salaamu alaykum.
I bought a house last year, and living in a capitilist country, we have an interest based economy. I am there fore repaying a Home bond, but I am also paying interest.
I do know interest is Haraam, but what choice do I have! I am not wealthy, nor am I poor, and I do not intentionally commit this Haraam, but….. Am I veiling myself from my Lord by paying interest. Am I in the wrong?
I pay insurance on this house as well as my car….. what am I to do?
This is suddenly weighing heavy on me.
Please advise me.
Shukran
Ma AS Salaam
Answer:
wa `alaykum salam,
It is permissible for Muslims living in the West to by a house on mortgage provided the house is for one’s family’s living.
Imam Senad Agic, Ph.D.
Head Imam (IABNA)
The Islamic Association of Bosniaks in North America
www.mesihat.com
