i can't buy a house in america without mortgage i have to take a loan Dr Zakir Naik
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Been living in Australia for 8 years now. Always lived in a rented home, bought a used car with upfront payment and never had a credit card. All my friends have taken mortgages and they bought new cars on finance but Allah has given me Istiqamah to follow the rules of Quran and Sunnah, Alhamdulillah. May Allah protect us all.
MashaAllah
I am from Australia too struggling for buying a house but you can buy house only on mortgage and that's Haram
Brother you will house in Jannah
ameen ya rabbil alamaeen . me 20 years almost in usa can't buy a new car / house but Alhamdulillah happy
Same brother Khurram. I have been living in Australia for 4 years and got to know that the only way to get your own house is to follow the bank loan process/mortgage. Same case, I want to avoid it as well. I also bought a second hand car when I was able to get it on finance. May Allah give is isteqamah.
I m in overseas for 22 years now, living on rental, i have a current/cheque account for around 15-17 years, my bank can easliy give me loan according to my statement, sometimes it gets very hard, like the amount i pay for rental same amount can be bank’s monthly payment, and shaytaan attack so hard on that, but i always make dua to ALLAH that O ALLAH I AM PAYING RENT HERE ALTHOUGH I GOT OFFER FROM BANK TO BUY MY OWN HOUSE ON MORTGAGE, AS YOU MADE IT HARAM SO I LEAVE IT ON YOU TO MAKE ME A HOUSE IN JANNAH, AMEEN
You’re just making the corporations rich. Btw those apt complex are built on riba money also.
@@Believer1995ofGod so he needs to live on the streets? the landlord can charge you interest if you are delaying payment . he doesnt pay interest thats the most important thing , the apt maybe build on interest but what has that do with him.
MashAllah MashAllah
mashaAllah
May your heart be at easy and full of bliss by the will of Allah.
BarakahAllah for you kind and understanding choice. You give strength to those who feel alone in this world, mashaAllah :)
We are a family of 9 and lives in India.We have been living in a rental apartment for almost 20 years, we got home loan offers from bank so many time but my father rejected them,we also go through mental abuses from our relatives for living in a rental house but we didn’t reacted to them and now with the grace of Allah construction of our house is going on and that too without a single penny from loan,Alhamdulillah.
Alhamdulillah
These people don't know how banks work
Alhamdulillah, please make dua for us to build a house of our own without loan
@@rikishi555 dear it is very unsafe to buy house on loan cause most of people r in private job so future is totally uncertain . and if u skip 3 consecutive emi then bank will auction ur home with out ur permission . so best way to buy house without loan weather it is small one . and have peace of mind.
@@hinaali3232 yes, poor people don't know how to make money. They must stay poor. Never borrow. Always stay poor.
*I live in California, I pay 4k in rent I can buy the house and pay 3k in mortgage but I refuse too…*
May Allah reward you and us all brother
Your house owner is having a mortgage.. You are helping him to pay his mortgage..
Stupid laws reminds old school jewish laws 😝😝😝.
If you are in pakistan.. Do you know the foreign debt of pakistan...The prime minister still begging to west and taking debts and paying interest. The non interest system in islam is a hypocrisy...This is same as people can't consume pork but government can inject the whole Islamic country by a vaccine made from pig 🐖...
Why don't you buy a small townhouse or a condo in outskirts of the city?
subhanallah brother you are strong.
@@halfvolley11 so I can burn in hell??? No thanks.
I have been living in the west for 24 yrs. Almost all of my friends and family have bought houses on mortgage. I never did.
Eventhough i was criticized that it is ok since we live here. Alhumdolillah, Allah protected me.I ask Allah to protect us all from this grave danger of Riba. Amin
May Allah SWT grant you all the success of this life and here after.
Jazakallahukhair Br.
May Allah grant you Jannah Amin
And riba is not fixed. And can couse you lose your home
Ameen
Ma Shaa Allah brother
May Allah keep us on His path.
Aameen
Our Muslim brothers and sisters should take heed. Riba is forbidden.
Rent for now. Combine resources with family. Invest and do good business for the next ten years. Allah will bless and increase, insha'Allah. Do not let Shaitan mislead you.
Allah protect us .
Taking interest is Haram, but buying a house by taking mortgage, here we are paying interest is it Haram too?
@@SaleemKhan-jb8dq Yes. Riba is one of the easiest way to get to hell.
@@SaleemKhan-jb8dq taking or giving riba both are haram just as taking or giving bribe both are haram. signing any contract which has interest clause in it is haram. believe in Allah's guidance, and trust Him only. it may seem like a difficult choice but Allah knows what is best for us.
Rent is also ribbah and haram. According to Quran, Allah says all the land and universes belongs to Allah. So how someone can share a fix percentage on house when its belong to Allah?
@@DesignbyBK by your logic nothing can be bought or sold
I grew up in the west from a very young age and we always rented and all of us became successful professionals. Now Allah enabled me to buy a house with full cash. My point is you have to follow the rules of Islam, interest based contracts are not permitted.
Same here. If you stay away from something that is prohibited by Allah and be patient, Allah will give you even more. Alhamdulillah! May Allah guide us.
The issue is you buyed the house with full cash upfront but YOU DON’T ACTUALLY OWN THE HOUSE! you are still a slave to the government and they own you. Just stop paying property taxes and watch what happens!! It’s a sad 😞 feeling brother
I’ve been looking for this answer for years! I always could tell that it was wrong to be involved with mortgages, but in the west we are made to feel so crazy to even consider such a thing. Thank you for clarity. I will live like a traveler
What’s your job dear brother?
Alhamdulliah for being such a lucky guy to see my favourite speaker after long from the childhood.Really miss this great man.
Wonderful question, wonderful answer. May Allah bless all of us.
Some Mutawa in Bangladesh told my wife that taking interest is halal for some people till they are out of trouble such as poverty and etc. Astaghfirullah, I never admited and took any ribah. Alhamdulillah now we are much better than before.
Alhamdullillah brother!
I'm very glad you didn't take ribbah!
Alhamdullillah, Allah has guided you MashaAllah! 🌦️🤲🕊️
@@zunairahmed2560 May ALLAH always keep us steadfast in our Deen.
@@bobgame763Allahumma Ameen! 🤲🕊🕊
May Allah SWT keep you steadfast on deen.
I live in a rented property in the UK and would pay much less for a mortgage than my rent. I've moved homes 4 times in the past 6 years, the most recent was due to a no fault eviction. I refuse to get a mortage though for the sake of Allah and I have seen so many blessings and barakah as a result alhamdulillah. I recommend using the money you would have put down as a house deposit to grow a business for the sake of Allah and just trust in Him. I pray I can buy a house one day outright without a loan inshaAllah.
May Allah bless you.
Ameen
Most Muslims will die without owning a house
Ameen may Allah grant you the risq to buy a house cash with no interest
but when you pay rent your paying for someone elses interest most house on rent are paid by interest repayments
This is the realest thing I have heard about this subject. Living in Canada my whole life I noticed one thing, if you want to get buy a house you will actively look for anything that will support your purchase. To be honest we here forget what is hallal and Haram. We sometimes look for sheikhs to give us the wrong information. I purchased a property with a mortgage a number of years ago and sold it. Alhamdullilah I did. This is not a good way to buy a house, causes financial instability and makes you a slave to the banks. Rent for as long as needed and stay away from Haram. Thanks dr. For your honesty.
I asked this Question in your live session. It also applies to building a Mosques and buying land for Masjid. Also for muslims to establish in such countries and become strong. Someone posted this question to Mufti Tariq but I don't what his reply.
Love ur reply Dr zskir naik ...house in jannah is more important and this house in this world
Alhamdu lillah.
May Allah tha ala bless you shaikh Zakir and your entire family.
After having to see your presence only,I felt so confident to speak about Islam and it's teaching openly.
After that,I started to ponder over the alquran so immensely and I now have the ultimate compassion towards alquran.
Alhamdu lillah.
Pls make dua for me sister
allhaaa is a false god...
@@vkrajuk these beggar bags don't have anything else to do but follow a false cult.
@@ayishasideeka8029 zakir madherchod is the biggest gay
Subhan Allah. great and expected answer. if islam allows riba then there is no difference between falsehood (other religions) and islam. that is why Allah is worthy of worship.
What a beautiful way to put it - your house in Jannah is more important. That nails it.
Great Personality.
May Allah bless you here and hereafter 🤲🏻🤲🏻🤲🏻
Rent is not cheaper anymore... Rent is actually more expensive than mortgage now in US.
Such a well explained video, it’s so sad that our parents and our generation have no idea and have so much influence on us because all I use to think was buying a house on mortgage paying interest was security and it’s took me ages to realise that’s it’s not and it’s so wrong of these local imams to give false information to people because these people go ahead and buy homes and pay interest and then teach that to there freinds and family
I’ve found out there’s a huge difference between usury and interest.
Make a research and find out for yourself, but the thing is, Quran talks about riba, and the meaning of the word ‘riba’ is usury, which is quite different from interest.
This is a very complex topic to be honest, but I’m sure there’s more to what is being explained in this video.
I’m going to seek more knowledge.
Also, is it the person taking the interest out of need at fault or is the person lending the money at fault. I wonder. In Islam you can eat pork if it means surviving. I don't see why the same wouldn't apply here. On top of that, I don't believe in that statement that the Prophet said "if you take riba its worse than sleeping with your mother". This is why hadith is bad imo. People take whats in it like its the Quran. Sometimes putting hadith over the Quran with their ruling/beliefs.
How is interest different to usury
As Dr. Zakir told ,
** Are you want to take risk to losing the the house of Jannah for the house in earth.
** We are travelers in earth for few days, and travelers stay in hotel (rent house). If you have cash money then it's different.
** If you have no ability at this moment & there is choice of halal or haram, like rent (halal) or mortgage (haram), you must chose the halal way.
Because it's a test for you from Allah.
"Surely, Allah is with those who are patient"
Surah Baqarah :153
** Either you take money from your capable Muslim brother without interest by lending, if you have that kind of brother
or
Save money for future And keep believing in Allah, So, that one day 'In Sha Allah' Allah will provide you. Of course Allah will provide to the believers.
** And most importantly, only believe in what Allah & our Rasul Muhammad (PBUH) says in Quran & Hadith.
Avoid what others (new moderate so called Islamic scholar) says. If it's their personal opinion or group opinion, if it's against Quran & Sunnah , then it's avoidable. Because saitan is always want to misguided you by his minions & followers.
@@thunderwt9921 damm how do havr so much time to write thatr in a yt comment section?
Been in the US 🇺🇸 for 13 years now and it’s hard to avoid this but if you can do please and May Allah guide us ameen ya rabb
Asalam alikum warahmatullahie wabarakatahu. Allhamdullilha mera bhai zakir bahooth khushie huwe aap ki vedeo dek kar ALLAH SWT aap ko khush rakhaa aap ki hifazath farmaya aap ki family ki hifazath farmaya ...Ameeeen
Agreed 100%. Living in America, Canada, the UK, or wherever because Banks are everywhere. It's not an excuse to compromise Aakhrit. If Muslims don't follow Islam in other countries how the non-Muslims would know about Islam? Islamic culture differential teachings, laws from other religions?? In foreign you have to be a more responsible Muslim than in your own country. Non-Muslims are also trapped in banking interest rates. They pay mortgages for a lifetime, the cycle never ends, and work like slaves of the Banks.
inflation is much bigger now than any mortgage rate. Riba was prohibited in time when money were golden. Now money is paper that has no value. So if we keep them they just depreciate. And mostly riba prohibited in a way as to give money to others and charge percentage. Because golden money never deprecate. It has some value after 1 year and 10 year also. But paper money returned after 10 years will depreciate maybe 10 times in some countries. So think deeper and wider please.
So making your money depreciate and paying rent for buildings that also built on percentage money is not the best way to show Islam. Be humble, kind, nice, generous, honest - this is better way to show Islam for people overseas.
@@user-bd8lu9id1r fine in 21 century without drinking alcohol promotion at job is harder, so I will drink alcohol as well = same concept as protecting economic value of your asset.
There are many rich successful people who live on rent in New York.
@@ahmedzakikhan7639 no it’s not same At all. When person land 10$ and ask after 10 years you give me 15$ his intention is not to get more, but just to keep his money in value. But if we speak about golden coin it has value even after 100 years. Same with flat. If you save , your 10 ths today will become like 1 thousand after 20 years. So if inflation rate is same as mortgage you are not actually paying anything extra. However if we buy apartments with gold coins it’s another story.
@@ahmedzakikhan7639 it’s all about intention. We are not allowed to charge people purposely and put them in debts. But if inflation is that high it’s actually lending 10 dollar and getting back 1 dollar. Islamic banks charge more than normal banks. Why? Because they also just try to protect themselves from inflation
@@user-bd8lu9id1r When people run successful business at managing night clubs or bars they make way more returns on investment than investing in Real estate. So now do that.
Your logic that buy real estate because it makes you richer is unreal.
Being dishonest can also make you richer, should you do that ? In Islam taking interest is worse than being dishonest or bribing.
I am very interested in knowing the "many other way" to get money to buy a house as you mentioned
may Allah bless you and increase you knowledge and may Allah give you janatul Firdaus
Alhamdulilah Jazak’Allah Al Khair for true guidance
Thanks for making me rethink about my decision of taking mortgage.
Yeah....easy to say when Dr.Zakir has been living in luxury as a guest in Malayasia and earning money through youtube and other appearences. Good luck saving money and buying house in western countries. Most muslims ( except some rich countries in the Gulf) just do average jobs in Western countries. If they dont take out mortgages they will never own a house.
Any one can buy a house in America either by paying full amount or by taking mortgage. There is no rule that how you pay it. The seller doesn’t care. Weather you pay cash or through mortgage. He gets his money at the time of sale.
Beautiful said dr zakir naik proud of you
Absolutely right ALLAH mehfooz rakhe Ameen
I would like to listen to our shaikh when he explains the difference between nominal interest and real interest and how sometimes in an inflationist economy a nominal interest can be less than real interest. And when such negative interest occurs can this still be called riba.
Jazak Allah khairan katheerah brother
Very well explained, Alhamdulillah
Ok so i dont agree with riba but i have the following questions. The whole reason why riba is haraam is because it takes more money than given to the person and puts them out of pocket or in a difficult situation. So if u rent a house which is 2k a month to buy on mortgage would be 1k a month. So surely that affects the person more than riba.
Also i have heard the following justifcations to a mortgage.
1. Riba nowadays is not the same as mentioned back in the day it was a reference to usury where loan sharks borrow and extort money.
2. If the benefit outweighs the sin it is allowed and in the west renting is almost double a mortgage payment.
3. Renting puts money out ur pocket with no end gain so paying money into something u will never own.
4. Rent can be a burden landlords cant evict at anytime and finiding another house to renrt specially in the uk can be extremely difficult.
Various factors but sholars need to stop giving people mixed advice. Its simple either acceptable or its not. The european islamic fatwa guys say it is permissible. UA-cam muftis say its not. Who are people meant to go to nwadays when 10 people say 10 different things
as you said taking Riba is Haram...some Imaam says that taking riba is haram...but giving riba to buy property on mortage is ok...since you not taking riba ..you giving riba
Everyone around us in the community has bought house with the fatwas from their respective countries stating 'one loan is halal, to make house'. I get so annoyed by educated people falling for this. I know It is so hard to hold back stay in rental property forever but the examples which are created is by our own community. People like us looks foolish in front of them.
The sister asked a very good question...
Yeah keep laughing only a Shaytan does what you do. Make fun of people while he invite them to dawah and Islam
How can I ask him a question?Can someone please tell me the procedure?
Thanks brothers and sisters reading your comments has gave me peace as i am really getting tested from family Allah protect us from this sin
What is the difference between profit and interest ??
Fully satisfied answer dr zakir sir... 🙏
Excellent clarification unfortunately so many Muslims are using riba on a daily basis even cars on a lease is forbidden as riba is involved a lot off business people all use riba and make excuses as to why they feel it’s ok
Thanks so much Doctor sahib for clarifying riba taking in non islamic countries by muslims.
Asalam o alaikum. I have question? In Quran I found taking or getting riba is haram but I can't found that giving riba is haram too. In mortgage we are not taking or getting riba but we are giving riba. Kindly clear this situation.
It's in clear hadees that who takes riba and the giver and the one who writes the contract are same and as get ready for the war with Allah and His messenger P.B.U.H
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.
End quote from Fataawa Noor ‘ala ad-Darb, 16/2
Not a realistic answer, you cannot avoid riba in modern world as long as you use FIAT/bank money. Because of this system for example in my place, you get higher return from crediting a house than its interest or renting due to the increase of price per year. Also you own the house/land that could be an asset in the future once you move from there, which is not possible if you only rent all your life.
This era was prophesied by Muhammad SAW, where he said there'll be a time where ummah cannot avoid riba because the society is forcing onto them.
Can I have the reference for that hadith? I can't find it on Google. It doesn't seem authentic.
@@carbonlodi1527 I just rechecked where I got my opinion from, it was actually something I heard long ago and turned out it came from weak (da'if grade hadith) regarding prophecies about modern day and qiyamah signs:
"The Prophet (ﷺ) said: A time is certainly coming to mankind when only the receiver of usury will remain, and if he does not receive it, some of its vapour will reach him. Ibn Isa said: Some of its dust will reach him."
Reference : Sunan Abi Dawud 3331
In-book reference : Book 23, Hadith 6
English translation : Book 22, Hadith 3325
Keep in mind even though most of the modern day prophecies came from weak hadith, all of them actually has became true/reality.
@@silentlofderis7225 It because all these hadith were written by someone not long ago who observed that Islam is inompatible with modern world and wrote hadith to support where Islam was going opposite of it
@@silentlofderis7225 so does that mean we should start taking riba there r many prophecies such as zina will be prevalent so that means u will give excuse that in today’s time there is too much fitna and hence no one can save himself from zina lol
Riba is definitely avoidable in this world. Your answer is not realistic.
There was a man who calls himself a deobandi who said to me that where muslims are minority, we come under the ruling of baitul harb. Allah knows from where he got this word. So it is allowed to take loan on interest once. I wonder wether adultery once, alcohol consumption once, murder once, might also be halal according to that concept. Nouzubillah. Astaghfirullah. May Allah save us from Riba, zina, shirk, heresy, etc
Dr.Zakir Naik should have elaborated more on the verse.
The verse of Surah baqrah he is talking about is of demanding RIBA I.e taking RIBA,here In the case of mortgage ,the person is paying the interest not taking or demanding it.
Please correct me if I am wrong
giving or taking riba is haram
The rent is not cheaper than the mortgage where i live. That is the whole point. We wanted to move to another apt but the cheapest we found was 2500$ a month 1 bedroom while the mortgage is 1600-1800$. But buying is not an option right now too. Anyways house with mortgage does not mean you own it. However paying mortgage is cheaper today than rent.
Patience and hope is a key may be one day we will buy the house of our dream with cash.
It’s not about $, it is about making Muslims and Muslims Centers a permanent fixture in the non Muslims majority west.
So our coming generations don’t loose their beliefs and tradition and it’s not replaced with the western values and traditions.
Assalamualaikum
Rent is cheaper. If you buy a house most of what you pay is interest, so the house costs $300000 you end up paying over twice that. Also the taxes on the house, water bills, any repairs are your responsibility as a "homeowner". You aren't able to make any major changes without permission else you'll be fined. In reality it is not your house because if you can't pay tomorrow it's snatched and you get nothing back. Do the math. If the rent is $2500 I'm sure that the house are expensive there to. No one really owns anything here, understand that and trust Allah. May Allah help us navigate this life 🙏 ameen. May Allah place peace and security in your lives.
@@knowyourlord2548 You did a good math, it’s not always cheap to buy, but buying a property for Muslims is making them a permanent fixture of that community, which results in permanent religious schools, Mosques and centers. And that will help our coming generations to not lose their faith and traditions.
It doesn't matter. Its just a point. The crux is the riba (mortgage) is haraam in islam.
@@roshanburgai3902
Security lies with Allah. "permanent fixture" why and at what price? Look at our situation, how many Muslims do we see doing this yet nothing has come out of it. I have not seen anything good come out of disobedience to Allah. Sometimes it's our ego that pushes us to madness. May Allah forgive and guide us. Trust me, I know it's hard, but hold on to the rope.
By the way many Muslims are here for the dunya, and the children have lost their way in spite of living in a close knit community. This affair is greater than we make it out to be. We can only do our best
Hi. I am from bangladesh. My mother is taking interest to make a home. I have tried telling them not to. Tried to make em understand. All i got was shmed by my family,. And they telling there is no other way. I tried telling them. Sell your flkat and buy one flat it will do. My mom listens to more to my sister., And she isnt into Islam. I have been shamed called bad things from my family. I amreally frustrated. I just cant abandon them. I hoping to live alone with my wife. and not stay in that house. Please pray for me So i can take that hard step.
May Allah make it easy and provide means to help you in sustaining your family. Indeed threading the path of truth will become something quite hard and one will start to seem like a stranger in the society or environment. But with Iman and steadfastness, you’ll surely have conviction that you’re doing the right thing. I pray Allah opens more doors for you to provide for you, your wife, kids and others in your care. Ameen 🤲🏾
Stay strong and hold onto your deen, brother. May Allah make it easy for you.
Allah doesnt hold someone accountable for someone else's sin.. That's all I can say from my side. Best you can do is to tell them not to otherwise Allah going to punish them
@@IrfanQuraeshi I know but my mom will be hold accountable. Thats why i am more sad or more. Brother I feel like I am useless to them. I am speechless just helpless.
inflation is much bigger now than any mortgage rate. Riba was prohibited in time when money were golden. Now money is paper that has no value. So if we keep them they just depreciate. And mostly riba prohibited in a way as to give money to others and charge percentage. Because golden money never deprecate. It has some value after 1 year and 10 year also. But paper money returned after 10 years will depreciate maybe 10 times in some countries. So think deeper and wider please.
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
I just bought a house, and i had the opportunity to cancel the contract.
I remebered i saw a video about riba and then said to my wife if this is riba i will not continue no matter what...
Then she asked someone who has knowledge and he said it was not haram. I keept asking him to make sure bc i got scared.
So we proceed to buy the house and now i feel lost and scared bc i feel have angered Allah swt....
If somone has some guidens please help bc i can no longer cancel the contract.
Don’t go to the place where ur religious principles are challenged. RIBA is haraam
which country in the world don't have conventional banks ?, please answer so all the Muslims in the world can go to that country
but the question is not of taking Riba, right. It's what we pay to the bank. And taking in account inflation, its at 7% globally and bank interest is 1.99% to 2.99%. And rental increment is around 8%. (Caution: I don't support riba, just a question pop up in my mind). If calculated, house on mortgage is more financially relaxing than paying rent, cause now-a-days you have insurance companies backing your home loans. just a question!
No matter how financial relaxing it is mortgage involves riba and is completely prohibited no matter what
Also rent has late charges if payment is delayed and also some. Rental companies charge interest on late charges etc..
@@suleimansiddiqui2468 Islam is there to make your life easy, Allah would never want us to be weak and so confused.
All the proofs provided in hadith and Quran refers to taking riba. We need someone who can understand finances as well as Quran and hadees to pass a fatwa on it.
It is even haraam to declare something haraam which might not be haraam in islam.
I will be posting this question to the mufti of my masjid today and lets see, what answer we get.
@@AyaanMohammed literally every scholar gave a fatwa that riba is haraam whether taking or giving but if u r blind to that just to satisfy ur desires then i cant do anything abt it
@@suleimansiddiqui2468 I'm not surprised you were so quick enough to judge me that I'm here to satisfy my desires. What I have learnt from my parents and as far as my understanding goes, Islam is here to make our lives easy.
And if you would have read my question, you would know what I wrote.
Anyways, I won't blame u for that. Assalam alaikum brother❣️
Thank you Dr sahab may Allah give you the best of dunya and aqarat
Guidance Residential is a halal way to buy houses in America. They don't give loans but they go into co-ownership with buyers. So there's no excuse to do riba while you have a halal alternative.
Anybody with a mortgage is a THIEF based upon how modern banking operates. Consumers of interest-based loans are responsible for inflation, which puts downward pressure on everybody's purchasing power. After learning obligatory religious knowledge, every "Islamic school" should be educating children the basics about how money operates in the modern world, that is assuming the teachers in these madrassas themselves understand how money operates.
Best comment
Well said. I’ve been studying Islamic finance and you’re absolutely correct this is a very dangerous path
Sometimes you have to look beyond this Dunia to get your answer. We are given lots of choices on how to avoid Riba but we keep thinking about keeping up with the Joanses more then the Sahaba
JazakAllahu Khairan..
Very clearly said alhamdulillah
Mufti e azam Taqi Usmani ( Pakistan) said that in these days any problem like any explanation of Islamic rule these days should only be given by scholars or mufti’s of that country so in this case only American scholars can tell you if mortgage is haram or not you can’t explain this by living in India or Malaysia. Many scholars said that taking cash loans on interest from individuals is haram but buying home is not interest from a bank or institution as house prices or doubling and tripping than its original loan amount plus interest
Allah already told you it is haram. He is just reciting it. If you want to follow Allah and his rasool then take the answer.
It's not what creation (human) says , you need to follow what creator (Allah) says. ALLAH says it's haram then it's haram and he (Allah) not give an excuse. If you are true believes.
As Dr. Zakir told ,
** Are you want to take risk to losing the the house of Jannah for the house in earth.
** We are travelers in earth for few days, and travelers stay in hotel (rent house). If you have cash money then it's different.
** If you have no ability at this moment & there is choice of halal or haram, like rent (halal) or mortgage (haram), you must chose the halal way.
Because it's a test for you from Allah.
"Surely, Allah is with those who are patient"
Surah Baqarah :153
** Either you take money from your capable Muslim brother without interest by lending, if you have that kind of brother
or
Save money for future And keep believing in Allah, So, that one day 'In Sha Allah' Allah will provide you. Of course Allah will provide to the believers.
** And most importantly, only believe in what Allah & our Rasul Muhammad (PBUH) says in Quran & Hadith.
Avoid what others (new moderate so called Islamic scholar) says. If it's their personal opinion or group opinion, if it's against Quran & Sunnah , then it's available. Because saitan is always want to misguided you by his minions & followers.
Alhamdullilah i been living in USA for 33 years and still renting and happy I can buy a house for mortgage tomorrow what about my akhira?
There are no such thing as "Islamic" banks. The only way islamic banks get around interest is, they mask it with other names. Here is an example. If a house costs for example 100K, the islamic bank will "buy" the house at 100k and sell it to the house buyer for 120k and then the buyer pays the bank "interest free" installments. This means the bank already added the interest without naming it interest. Like someone said, its like saying since eating pork is haram, we will just stamp it halal and sell it as beef.
I read the opinions of some scholars. They say that in the time of the prophet (SAW) people were given loans at insane interests rate. Moreover, if you miss the deadline it will nearly double and will keep growing so fast that you will be paying your debt your whole life and never finish. So the opinion is that this type of riba is forbidden but if the interest rate is small it is acceptable. Also, what would be people's advice. My friend wanted to buy a house with a loan from an Islamic bank in my country (KZ) but when you calculate the total amount to be paid it is higher than from a normal bank.
The disbelievers at the time of the Prophet SAW, worshipped the idols 7 days a week. Would it be OK for us to worship the idols for just 1 day a week in our times?
I have one question ..RIBA is haram …then all banking policy those in muslin countries giving loan is also haram ….kindly explain this …
If the banking institution are using interest as a source of financing, then it's haram, period. Regardless of who does and where it's happening. There are many things in Islamic countries that are blasphemous, does it mean we justify all those things? No, absolutely not
@@shakirhyd I’ll ask someone who is in banking that there’s no any system except riba in banking ..
Unfortunately it is true that modern banks can’t function without interest. Even the Islamic banks are not purely without riba, directly or indirectly most of the islamic banks also involved in riba due to market competition. There is no escape route in the present world. They only way I believe that the Muslims in any particular community, especially in non Muslim countries, should come forward and lend their surplus to fellow Muslims to avoid getting involved in riba. Muslim countries especially in gulf have some Islamic provisions available for housing
Yes..it is haram..
U can watch dr Israr Ahmed lecture on it ...then u will understand all things clearly..
@@fauziakhan692 ok I’ll watch …Insha Allah
I understand the argument that we NEED a house and therefore one mortgage is justified(3ven though it is wrong) but what i have never understood till this very day is that instead of paying off the mortgage as soon as possible, they start making extensions 🤷🏾♂️
I think the muslim community that argues for one house/one mortgage need to get together and help other people by lending money to them rather than spending an extra £30,000 on extensions 🤷🏾♂️
I know people that have a mortgage, paid off but then don't like the area anymore and then decide to move and open a new mortgage.
This just nullifies the argument of having to get a home on interest
@Sumedh H I never said i agree with it, i just said that i understand the point of having ONE home.
Its like suicide bombing a shopping a mall, i dont agree with it but i UNDERSTAND that the bomber may have seen his mom,sister, bro etc get blown up and then having yo collect their limbs and in anger they go and kill innocents.
Im just saying that, the argument of having ONE under mortgage fails because you are supposed to pay it off asap rather people start expanding their home and delay paying it off. Also, the muslim community needs to stop expanding their homes and buying luxury cars and start a community that will lend the excess money for muslims to buy homes without even considering a mortgage 🤷🏾♂️
Instead of buying a £20,000 car, for the sake of Allah, just buy a normal £5,000 and lend the £15,000 out to a muslim who is about to buy a home.
Just a thought.
@Sumedh H Relax. When you put it that way, it's the same as bullying. "Your Money Matters more than following Allah"... Of course, Money Matters, when you are hungry and have nothing to eat you will peel every surface to survive. When you live in a Western Society, every thing is based on interest. For example, when the cost of goods rise, to control inflation, the central banks raise interest rates to slow spending pushing price down. If spending is slow, the central banks lower interest rate to encourage spending. When a Muslim lives in such a society, all your hard earned cash that you put in a bank to provide for your family is impacted due to these monetary policies. This is why, it's best to understand how these things work and that this type of RIBA, such as buying a house and taking care of your family to keep your month to month expense low in comparison to rent shouldn't be treated as harshly as a person who goes and gambles their wealth, owes money due to gambling habits, puts their family up for sale or a person that takes a loan from a hard money lender with very high rate and can later be taken advantage of. These were issues that took place pre-Islamic times. Foreign Exchange currency rates are also impacted based on monetary policies in countries like USA, which are influenced by increasing rates etc. Point I am making is that if we have to adapt to Western Society and accept the rules within the society, you can also take time to understand the way the financial system works. It is not as simple as "interest", I believe it should completely be banned in all of Western Society and governments or central banks should not be allowed to dictate how the market needs to shift. If that can happen then we will live in a interest free world. I am not that knowledgeable to go into deep details about this but what I can tell you is that it's not as black and white as we think.
The Mosques put millions of dollars in the US banking systems. Those monies flow into all types of organizations, institutions, and support many aspects of society that the mosque may not be okay with. In addition, when the economy is crashing down that $9 million dollar that the mosque built up to do a humanitarian project of sort can't do the project because the cost of goods have gone up due to supply chain issues/inflation etc. It's best to keep that money in a method, where it can accumulate more money. if not interest, stick it in some sort of short term investment that involves a good of which value can go up and keep up with inflation.
@@freeyourmind7538 There are people out there that call themselves Muslims and will sit with you and argue that suicide bombing is permissible. They will even give you many reasons to why it is okay. I will not name groups but let's just say there are some very extreme groups out there that believe or hold such aqeedah. Majority of the traditional school of thought do not follow this path but they will even go as far as claiming that the traditional school of thought misunderstood the hadiths. What I am trying to tell you brother is that anything out of anger is going away from a straight path and to that of the Shaitan.
As for the home, it is not necessary to get a mortgage. However, if you go to San Francisco, CA - You cannot find a place to rent and live with your family. It may make more sense to buy a house somewhere and keep your month to month cost low. Is it the right thing? probably not but it is between you and Allah (SWT).
Sincerely,
@Sumedh H Islam was always about protecting the oppressed. Every rule was put in place to prevent Muslims from taking advantage of people. For instance, I let you borrow money but I want my money back in 10 folds and you couldn't pay me back... So instead, I would ask for your family member or you to be a slave etc. The banking system in the West is run based on interest and it's not such that if you don't pay your debt, you have to give up your family members or enslave yourself. You do know that there are other scholars that differ in their opinion about this topic.
As for economics, you can always go to online schools that are very cheap. You can for example go to university of Illinois Champaign Urbana do an IMBA and they will have economic courses.
Best of luck.
Agree with the shaikh on Riba. Would like him or some one knowledgeable to define it properly. The loan rates in the US were as low as 2% until last year. The "halal" or Shariyah compliant loan companies were charging 4% "profit" at the time. I don't understand the difference between interest and profit. Seems like the Shariyah compliant companies are over charging, which is also a definition for riba.
Asalaam o alaikum
Further to your guidance about riba, you said do not take but it is not taking of interest in mortgages it is paying interest to buy house, does same rule applies for paying as well.
Appreciate your guidance.
Jazak-ALLAH
Yes the same applies. To the one who consumes it and the one who pays it as well.
Asalaamu Alykum brother Zakir. I love your teachings. May Allah bless you.. I have a question if you don't mind asking, what about when the mortgage is cheaper then the rent? if you rent all your life, you will never get your money back where if you have a mortgage , you'll eventually get to own the house and never pay rent again... I thought riba was made Haram becouse its money that coming from the poor and going to the rich. by renting, you making rich person or company richer.... another word, owning a home is much cheaper then renting a home.
Sure yes. If not you become surefix cashflow for the rich. But remember the goal fine a solution to borrow but no riba(interest) that much better but what it difficult cuz Satan is the bank and it slave they rule the money
I wonder if there are still ppl taking in consideration these non sense talking, why dont you just for once be rational
you are right brother, thank you for bringing this out
So good advice
ما شاء الله
MASHAALLAH SIR..
The prophet SAW lived in Mecca when it was a non muslim country for most of his life. The haram was filled with idols. He did not compromise on his principles for one second. We need to follow our taqwa at all times.
How does paying 100s of thousands in rent make sense when you can pay same amount in the monthly mortgage and own a house? Mathematics anyone?
They left their brain in gutter and follow this person.
Sandeep bhai.....mullon k pass Etna sense hota to es gandu zakir naik ko nhi follow krte
Cause riba is involved
How does earning hundreds of thousands of dollars by posting nudes on OF make sense when a man barely makes a few dollars doing manual labor? Mathematics?
Riba is Haram. No doubt.
However, sometimes, certain Haram things become halal, temporarily, like eating a pig.
There’s theoretical Islam and then there is applied Islam.
Dr. Zakir Naik is talking about theoretical Islam.
It is black and white.
Applied Islam has many shades of gray, varies by region, by person, by circumstances.
Haram becomes halal only when someone is forcing u on gunpoint or u r about to die due to starving
@@hasibabdullah3463
Riba is always Haram by default. Period.
No scholar in his or her right mind will say otherwise.
However, there are exceptions to all laws.
It is this set of exceptions that are a matter of almost all debates.
Example
If you’re in Ukraine with your wife and small children. Bombs are raining down in your city. You don’t have money. However, you hear of someone offering Riba based loans to go start a business in Turkey. You have the skills. You qualify for the loan.
I say, riba is haram. However, it's temporarily halal for you! So, go TAKE IT. Take the Riba loan! GO. Save yourself and your family! Do not hesitate! Do not feel guilty!
Allah, the All Mighty and All Merciful has allowed exceptions in Al Islam!
@@hasibabdullah3463
I would add. Listen to Dr. Zakir Naik. He’s right. However, here in this video, he’s talking about the default ruling of riba. Not the exceptions. Apples and oranges. He’s talking default. Your situation is an exception.
Believe what he is saying is right and accurate, and with that belief, go take a riba based loan, if halal loans are not available, and go save yourself and your family! Both positions are Al Islam!
You are basically making up your version of Islam. Just be honest and admit when you can't be a Muslim according to the laws
@@AH-hz5xc
“Exceptions” are an integral part of Islamic laws, and yes, many have to be “made up.” Sorry.
الإسلام دين وسط. لا عصبية في الإسلام. و الكلمة الجميلة و هو ان يكون المسلم الحقيقي يعيش في بلده مهما كانت الصعوبات.
Actually this is a very delicate Issue & a big debate for it in the Muslim World. And unfortunately we can't do anything about it. So leave this for the dedicated Scholars , like Maulana Maududi , Dr. Israr , Ahmed Deedar or Dr. Zakir Naik. Wallah Aalam bis swab
I think zakir is not clear on the question. He is not taking interest, rather he is paying interest. Even if you get an apartment in US they the apartment is paying interest. What you think the person will live on the street?
where did you study sir? where does it says that only taking interest is haram and giving is not ? paying rent to the landlord has no interest directly . if he delays the payment yes he can ask interest for that payment. the landlord may pay interest but that doesnt concern the guy who doesnt .
@@BluetekFREEGAMES I don't know what country you live in, but here in America, everything got interest, buddy. You need to go do some research, my friend.
I would rather die poor and die of hunger and my head under the food of my energy gasping for air and die in that position then deal with riba.
Thank you for this beautiful brother Zakir :)
So what will you become , bomb blaster in market.
Legend zakir naik excellent Islamic lacture on important topic I agree luckily me not earning interest on bank since I have only current account in bank since several years
JazakAllah khayran
Rental is too high . it’s hard to afford rental now. What to do ? be homeless. Hard for me as a single mother. Live in here and u would know
Just get the mortgage as Zakir’s views are a bit extreme.
@Sumedh H so easy to say migrate somewhere. First people migrate to western countries running from wars or unemployment and poor conditions in their country. Then they live 10, 20 years there and then all of the sudden they have to migrate again without decent money saved.
We tried to buy apt in Dubai but the market crashed in 2008, no money , no apt since then. It's always easy to say than to do especially as a she says she is a single mother and especially if your whole family lives in that country.
@Sumedh H migrating to another country is not as easy as u can fly for free tomorrow. The lady above commented a single mum who cant afford a house. So to migrate u need to apply residence permit ,visa and etc. (Not free by the way). Flight tickets not cheap. And while waiting for all this to be ready,where should she stay then?
In my country, if your income is above $1700, u cant take a rental flat from goverment as the goverment only allow rental for low income family. 2ndly imagine that family has sons n daughters, and as family they can only afford to rent 1 room apartment, wouldnt the aurat between the son and daughters be affected? So what options do we have then.
The system is as such the goverment force u to take mortgage loan to buy a house unless u have a very low salary. Its not that most of us wish to take mortgage loan to buy a big bungalow, we just needed a roof over our head. So what would you have done if you are a single mother who dont have much money and zero savings and u need a place to stay? What would u do because from the way it seems u may know a way to migrate to another country within 24 hours easily
@Sumedh H
Stop schooling people without knowing their circumstances. It's so bizarre that you are trying to see at the given situation through your perspective rather than her perspective. Yes, the market crashed so it must be my fault that it crashed and we lost money. What else. It people's fault that the war starts. It's called circumstances something that is not in your control. And nobody is blaming anybody just explaining circumstances.
How easy is it to migrate as a single mother to another country where she she knows nobody.
@@shariff.mr.ID88
I talk to Muslim friends who manage even blame people for getting sick saying why did he got sick look at me I am healthy an he is not. This is literally i what hear. Sometimes better to say alhamdulliah I am in good health and good funancial situation or just keep silent.
Correction for Dr Zakir at 4:48. The rent in Toronto is higher than mortgage nowadays. In fact it is the renters who are paying off the mortgage of the home owners and landlords.
In the majority of the world the money spent for monthly rent is substantially higher than paying monthly mortgage. However in one case you give the money to the owner of the home and in the other case you give money plus interest to a Bank!
I never understood this ban on loans and this lack of logic only leads me to further criticize Islam and separate myself from it
@@kurdistanindependance5471 corruption in the world is caused by loaning+interest. Are you really happy about how the economy works as it is working right now Bram?
@@kurdistanindependance5471 The Islamic logic is correct. In that interest on money leads to financial inequalities and is an injustice. Imagine your worth as a human(or rather your monthly salary) is only equal to interest on ABC amount of dollars. The rich get richer and the poor keep getting enslaved.
@@Dashtea You have to look at the larger picture. its the same thing. pay interest to a bank vs paying landlord who would also pay to the bank. Until the Muslim world comes up with a real solution (community construction efforts) you cannot suggest people to make their own lives difficult.
If one doesn't take a mortgage to buy a house and does not want to rent all his life, what is the solution ? Scholars and Muftis should also provide this advice, they only say what is prohibited but never provide a solution.
I love you for the sake of Allah my brother!
I saw a video of a Hanafi scholar I think he was from Uzbekistan. He said it's considered ribba when you buy money for more money. These mortgage loans are only for buying the house. You can't do whatever you want with that loan money, you can only buy the house. So in These transaction your getting a product from the back your not getting money. So you are paying for the product at the price the bank has set and you pay it in installments. This made sense to me. If this is not correct please advise.
Literal meaning of Riba is excess. Riba is earned on money lent. Regardless whether someone loans you to buy a particular product or not if they charge 'excess' on the money they have lent you it is Interest. Bank pends you 100k but asks you to pay 125k back that's Riba. Money charged on time is Riba , money made from money lent is Riba ,
I have to be honest, Alot Of My Muslims Relatives Are Involved In This Major Sins, Knowingly Or Unknowingly They Just Sold Their Hereafter For This Temporary World, May Allah Guide Them To The Straight Part, Amin..
I believe what the Imam is referring to is establishing credit. In order for one to establish credit he/she has to either take out personal loan with some sort of a collateral or acquire a credit card at a very high interest rate. You cannot take out a mortgage without having any sort of credit in the first place. They want to make sure you will be able to make monthly payment. Also it is not true that you have to take out mortgage to buy a house. You can pay cash. But if you don't have cash you can go the Islamic way of financing the house. It is called Musharakah and Muhraba. It is a partnership between borrower and bank. The third way to purchase a house is Ijarah. It literally means rent. You rent a house on the understanding that you will eventually by the house with cash.
I live in America and I know people who bought homes withour mortgauge. Reason for mortgauge is because people want huge homes instead of staring with a small home or a condo and then when get money, buy bigger home.
It was narrated from Abu Hurairah that the Messenger of Allah (ﷺ) said:
"There are seventy degrees of usury, the least of which is equivalent to a man having intercourse with his mother."
حَدَّثَنَا عَبْدُ اللَّهِ بْنُ سَعِيدٍ، حَدَّثَنَا عَبْدُ اللَّهِ بْنُ إِدْرِيسَ، عَنْ أَبِي مَعْشَرٍ، عَنْ سَعِيدٍ الْمَقْبُرِيِّ، عَنْ أَبِي هُرَيْرَةَ، قَالَ قَالَ رَسُولُ اللَّهِ ـ صلى الله عليه وسلم ـ " الرِّبَا سَبْعُونَ حُوبًا أَيْسَرُهَا أَنْ يَنْكِحَ الرَّجُلُ أُمَّهُ " .
Grade: Hasan (Darussalam)
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 sell the house pay whatever you need to, to get rid of the riba. Get yourself out of it. Of course Allah forgives all sins if you repent. But can you really be sincere while you keep doing a sin. Its not like a sin that you do then you repent then it happens one day again. No, this would mean you are repenting knowing you going to commit it again and again and again until the riba is paid…there would be no sincerity in that. Allah knows best
@@samkoz2045 The problem is, I don't own the house. So, I can't sell it. It's my parents house.
@@CelestialTrailblazer so its not your sin but you should tell your parents though.
@@samkoz2045 They are well aware but have their excuses and justification for it. I've already told them about it. They've spent a big chunk of their savings on purchasing a house. They don't want to throw all that at the risk of going homeless or causing any problem for their children. Selling the house suddenly will cause a bigger burden on them financially since both of my parents are almost close to retirement and are in their old age. I can't financially help them due to my illness either. Also, renting is not cheap at where I live and the nature of their job doesn't allow my parents to move to a cheaper city either. Also, given that they are in their old age, they can't suddenly switch careers and suddenly find jobs in a cheaper city. Realistically, it is not as easy as I originally thought it would be. I'm trying my best to come up with a solution that will save me and them from hellfire. It is very easy to get to hell versus paradise. The sin of riba is one of the top 5 deadliest sins. How easy it is to get to hell because of riba is what drives me to find a solution that can solve this issue once and for all. So far, selling the house is what I can think of currently, but I have to take into account those nuances I just mentioned. Jazāk Allāhu Khayran for your advice.
there are Islamic banks in the US. I’m surprised the brother asking the question says otherwise
There is not a such think called Islamic banks. All those so call ribba free are worst than commercial banks
there is no such thing as islamic bank, banking is riba, Islamic banks are riba in disguised, stay away
We already know the answer. We still keep asking again and again why ?
Riva IS Riva no one can’t change it
حديث ابن عباس -رضي الله عنهما- بلفظ: إن اليهود والنصارى لا يصبغون فخالفوهم[10] وفي لفظ: غيروا الشيب، ولا تشبهوا باليهود
Actually answer is all about Ribba and everybody knows that the Ribba is prohibited in Islam no doubt about it, but many scholars believe that mortgage is not Ribba cause you actually getting house with the partnership of bank this means you never access the money bank invest on the property only access the house where you are living you only ows 10% of the property so can you please clarify that aswell,
Interest/Riba is Haram no matter what. The ruling is anything direct or indirect related with interest is Haram. We can not just say buying home with mortgage is haram and renting is halal. Renting you are indirectly helping the landlord to pay their mortgage.
When you rent a place, the owner of the property in most cases has a mortgage. If you pay someone else’s riba that is harm too
i agree, and the answer for this i found online is you're paying money for your services its upto landlord how to use that money.
Maybe someone can guide better, as i'am not knowledgeable person.
Someone else's sin does not befall onto you.
If you know that person pays riba and you support it then it is your sin too.
@@nadjyaakbari6217 No it is not. Stop making up your own ideas and go ask a person of knowledge.
Even if you know your parents paid their house with riba, there is no sin upon you for inheriting the house. In fact your inheritance is your right. Your sin is your own. It can not be inharited or passed on to someone else.
@@certifiedalchemist you do not understand Islam. If you know someone pays ribs and your money goes there, you are in sin too. As far as the parents house goes if they bought in riba of course that is their sin. You did not make decision but for rent you make the decision.
Adding more, i've been told by mufti that we need to fight against riba, and the best outcome will be to finish riba. Knowing Muslim's current financial situation which can't establish own banking system neither fight riba. So as per mufti, get house loan and paid off early will reduce interest (damage bank's profit from you) and not let your children to go towards riba for house. If the same is to be done by many Muslims, as per mufti, this will be a fight to finish riba in generation.
Allah knows the best. This is not an advise Please do your research.
This Riba with a mortgage has absolutely nothing to do with the Riba that has been forbidden in Quran. A mortgage is a business between the bank and the buyer. In the end, you make some money. With renting you are always 100% losing money. Everything that Allah has forbidden is not to harm us. At the time of the Prophet, they gave one Dinar and asked for 401 Dinar back, Riba, which was damaging and destroying lives. The European council allowed you can buy a primary house and a car.
It is more dangerous to have small knowledge than having no knowledge.
Very true
Half Islam is more dangerous than no Islam
@@theaimannisar our islamic prophet was a sinful written in quran That Allah may forgive thee of thy sin that which is past and that which is to come, and may perfect His favour unto thee, and may guide thee on a right path, Sura al-Fath 48:2
Next, Sura Muhammad 47:19 distinguishes between the sins of Muhammad and the sins of believers. Muhammad was instructed to request the forgiveness of his own sins as well as the sins of believers. Again this explicitly shows that Muhammad sinned and needed to ask forgiveness for his own evil deeds.
So know (O Muhammad) that there is no Allah save Allah, and ask forgiveness for thy sin and for believing men and believing women. Allah knoweth (both) your place of turmoil and your place of rest. Sura Muhammad 47:19
Renting a house or apartment is also haram in western country since you are helping the landlord paying his/her mortgage. It is not possible to live in a western country without avoiding interest. A simple grocery you buy from walmart in western country is connected to interest.
While I was looking into immigrating to a nonmuslim country for livelihood, i found out that once you land there the first thing you need to do is to get a bank account and get a credit card made. Because everything that the government will allow you to do from then onwards will be based on your credit score.
I was truly shocked...
Great perspectives from both of you, thank you for the info
Taking this logic in to consideration
Then having a pharmacy store is also haram
Cuz one guy could buy more medication and over does it lol😂
What kinda strange logic you have ?
No no not true this is not the case.i heard the answer from mufti tariq masood .better check his video on UA-cam.and for example there are many companies in pakistan college universities that have millions of rupees to pay their faculty or staff they keep their money in banks to earn int3rest on the money and from that interest they pay salary to the employes or faculty or staff so those faculty and staff are not sinful becoz they are getting paid for the job but ...if it's bank that employers as well as employees both earnings are haram ...
So then if you go to a shop and buy milk and the guy at the store uses it to buy alcohol then its haram for you to buy milk? …No matter how much you try to justify to yourself that riba is ok by saying such things, it will never be ok. The smallest form of riba is equal to having sexual relation with ones own mother in sin.
Look at this issue in the light of when sood became haram for the first time. Are those conditions applicable to the mortgage?
You guys in USA, why don’t the Muslim communities establish a Islamic bank with strict rules to give money for house and not for commercial use
Can consider the same as “BC” like in pakistan
Start by listing it in stock market of USA, this way the company would have to follow rules, less chances of fraud and it can attract investment