Mortgage is halal in Islam ☪️? Shaykh Assim Al-Hakeem

[@The00098765]

Haram is haram until day of judgement... Period !!

[@hameratahir]

Maybe I should live on the street. Who needs a house?

[@stati5tik]

@@hameratahir there is renting and apartments exists too ya j4hil.

[@umeriqbal8269]

​@@hameratahirAre you a jaahil?

[@jackdrought873]

​@@hameratahirthat fact you commented that KZbin shows that you have the ability to rent their are idiots like you everywhere 😊

[@stati5tik]

@georgexander7170 thats not entirely true. Yes, in certain cities in the west the rent prices have been (artificially) skyrocketed to the point that renting has become not as lucrative as mortgage but the mortgage rate is still high too. You save how much? 10%? So its not like you dont have the option of renting avaible anymore it just dont appear as convenient to you. You think: if i pay so much money for rent anyway why cant the property belong to me anyway? But this is invalid. Furthermore, it may be that with your rent money the owner pays off his debt at the bank. But since when are we obliged in Islam to trace back our money and how it is used? If i go to the super market to buy some food am i obliged to ask the cashier what he will do with my money?

[@Amin_2k]

A house bought with riba will have no barakah in it. Wallahi i'd rather live in a tent for the rest of my life.

[@muhammadsalafiahlulhadith]

ALHUMDULILLAH mortgage is haram garbage!

[@BiddutMitra]

me too, no regrets, although I am better than Tesla, since no "sohih" money, I did not go for interest based loan. So, mortgage based or not riba is riba.

[@m.a.2282]

That’s what you say online but I highly doubt you would. A mortgage unfortunately is needed to purchase a home in most countries. Pay it off as fast as you can to rid yourself of the interest and don’t buy more than you need.

[@SomeGoatedPerson]

@@m.a.2282 Just live on rent. The sheikh does too

[@m.a.2282]

@@SomeGoatedPersonIs it confirmed he does? I doubt it. Rent isn’t a long term housing solution.

[@awakenthegreatnesswithin]

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.” Source: Ṣaḥīḥ al-Bukhārī 6416

[@syedhasanmohiuddin827]

Exactly!!! And people in this comments section are defending mortgages!! 😵‍💫 How does one not fear Allah SWT and His punishments of the grave and the Jahannam, to write such sinful comments defending interest, that too without any hesitation!!

[@umeriqbal8269]

​@@syedhasanmohiuddin827Love of this world my brother. They feel that having their 'own home' in this world will prevent or prolong death lol. Islam tells us to not even save a single piece of bread for tomorrow.

[@MQureshi1]

@@syedhasanmohiuddin827 Brothers how can we follow sheikh didn’t give a single reference. He didn’t even explain how capital lease is different to normal loan. He didn’t explain how asset backed loans are different. He didn’t explain existence of Islamic mortgages. How can you say house is not a basic human need. He didn’t explain how we build mosques? How we build communities. It is very simple to paint everything with same brush. They are the ones that said TV is haram and now it is halal. So I saw no one is defending mortgages but that the arguements rather lack of arguements given by sheikh needs to be questioned.

[@syedhasanmohiuddin827]

@@MQureshi1 Oh all your questions have definitive and detailed answers. This is not a specific session on this issue. The Shaikh just touched the topic. Doesn't mean there are no answers for the list of things you mentioned.

[@ray-wx1nz]

The point is simple riba is haram... establish that first and then move on to other questions.. Mosque in communities.. no need for loan how many Muslims in Europe countries if they donated you think we would need loans.. Live in our means is key... what did people do before credit card and interest base loans were invented less then 100 years.. we Muslims have it backwards.. we're is the unity.. no its selfish intent . I want big house.. I want to be in charge of thr biggest beautiful mosque .. I. I I.... we're is the we .. we're is the real purpose ... don't look for easy excuse .. o everyone does it so why not only way

[@HumbledSlave]

This sheikh is always on point and funny as well. May Allah bless him and let us all in Jannah.

[@maalikserebryakov]

His funniness wont buy us houses you probably live with ur oarents if u think this is funny

[@TatouLabKids]

Amin

[@watashiwasmartphonega6601]

​@@maalikserebryakov????

[@ArthurDavis89]

He is no shiekh. You haven’t watched him enough to know. He is more dangerous than Abu Jahl.

[@poesmeister5115]

@@maalikserebryakov living with parents isn’t a negative, May Allah give all of us the opportunity to live with our parents and care for tem in their old age.

[@Y8ko53Offical]

MashaAllaah well explained. Riba is haram. There are some who are twisting to make riba halaal. No fear of Aakhirah and no fear of Allaah. IttaquilAllaah.

[@hameratahir]

Maybe I should become homeless! Who needs a house?

[@yamiali1783]

Rent? ​@@hameratahir

[@syedhasanmohiuddin827]

​@@hameratahirLiterally 90% of humans dont own, and can never even think about owning a house or getting a laon, ever in their life, because of their low income. How do you think those humans are living?? RENT !

[@AlladinMclovin2334]

Why is it haram?. Smh what type of religion allows you to keep paying rent for life smh.

[@user-ow4es8ds5z]

I liv on rent I hv 2 kids My wife, parents, some other ppl i know keep sayin we need 2 get a house on mortgage Not sayin i hv money lyin around for down payment I wont do it I hv the weakest faith among all the ppl i know, some lil hardship and i start complaining I hv already sinned with this interest filth Student loan, paid mortgage at my parent's house... For a while i thought paying interest isnt haraam just consumin it is... Which again is my ignorance I shud hv looked into it May Allah Taala 4giv us and guide us Ones sayin whats the solution I am just gona drop it 2u lot It applies to us all If we had tawakkul in HIM, we wouldn't be worried abt such things "Payin rent is too much,"so what? Its halaal Mortgages go on till u croak, u keep payin for the enemies of Muslims to get rich Just look into who owns all the banks Please, don't critise the very ppl who tell u the truth, dont try to find shortcuts, if u commit sins dont try and defend em, it wont stand on the day of Judgement what r we gona do then? In front of our creator. The only space u should pay for when u can afford is the death membership committe at ur local mosque. Those 6 feet are all u might get in end. No one told us to liv in canada or uk or usa There millions and millions of ppl livin in the muslim.world. 70-80% liv in conditions me and u cant even begin to understand Then what right do we hv to complain about the rent being high? We eat when we wana eat, we hv roofs over our heads and we hv clothes to cover ourselves....and a million other blessings..... We shud b gr8ful b4 that's taken away from us

[@smile3884]

Thank you sheikh for letting everyone know intrest is haram

[@baybora01]

some know and still do it so we can hear and learn what we want but in the end we have to be Godfearing to really understand the religion and act upon it.

[@mohamedquroshanbanna3061]

he clearly indicate mortgage is haram. some people think only interest is haram and mortgage,lease and etc... is fine

[@aron2015]

I was hearing this as well, that first house is okay. Astagfirulla. Thank you for this. Some people are adamant and there's no changing their minds because they want a house because it's everyone's dream. Worry not, you can achieve that dream by doing your own business first and you will get there quicker inshaallah.

[@user-ow4es8ds5z]

I liv on rent I hv 2 kids My wife, parents, some other ppl i know keep sayin we need 2 get a house on mortgage Not sayin i hv money lyin around for down payment I wont do it I hv the weakest faith among all the ppl i know, some lil hardship and i start complaining I hv already sinned with this interest filth Student loan, paid mortgage at my parent's house... For a while i thought paying interest isnt haraam just consumin it is... Which again is my ignorance I shud hv looked into it May Allah Taala 4giv us and guide us Ones sayin whats the solution I am just gona drop it 2u lot It applies to us all If we had tawakkul in HIM, we wouldn't be worried abt such things "Payin rent is too much,"so what? Its halaal Mortgages go on till u croak, u keep payin for the enemies of Muslims to get rich Just look into who owns all the banks Please, don't critise the very ppl who tell u the truth, dont try to find shortcuts, if u commit sins dont try and defend em, it wont stand on the day of Judgement what r we gona do then? In front of our creator. The only space u should pay for when u can afford is the death membership committe at ur local mosque. Those 6 feet are all u might get in end. No one told us to liv in canada or uk or usa There millions and millions of ppl livin in the muslim.world. 70-80% liv in conditions me and u cant even begin to understand Then what right do we hv to complain about the rent being high? We eat when we wana eat, we hv roofs over our heads and we hv clothes to cover ourselves....and a million other blessings..... We shud b gr8ful b4 that's taken away from us

[@aimanharoon8559]

I always think, why would anyone give up their PALACE in paradise to live in a interest bought house here on earth for a few years? Wallahi my parents rented most of my life, until they saved enough to buy a small house interest free. We do not need to live lux in this dunya if it goes against Allahs wishes. Always look at those who have less then you and you'll be thankful for what you have. Also, we know some muslims who bought a house or other things with mortgage and they completely regretted it down the line bc its such an unforgiving thing in terms of keeping up with payments

[@Faris-1974]

So let me see who is willing to leave in a tent here in Canada on minus 25 Celsius. And for 50 years to avoid paying at least 2500 dollars for rental that's minimum.

[@user-kc4rh6wn6u]

@@Faris-1974 no one told you to live in vancouver or toronto. having a bad job in a cheaper city is one million times better than spending one cent of interest. Also there are many more avenues like getting a room mate, living with a family member and paying them if needed, staying in a motel, buy a used rv or trailer, or moving to a different country.

[@kathleencove]

It’s not the buyer who is committing sin, it is the seller and monopolizers, the banks. When there are literally no houses available that have no interest or mortgage and you have to live somewhere, or else be homeless, it is the banks who created this hellish situation who are sinning against the public. Even people who pay rent for an apartment, are usually paying someone else’s mortgages or loan debts for the property owners to rent you out your space. There is no escaping it unless you move somewhere where interest is illegal (which is rare), and then you have to sell your house to someone else who will take on that interest. It’s called a rat race for a reason. No need to shame people for needing a roof over their head to survive and have space for their children to live. It is society that is run by very sinful people, who we should be opposing, who have created this situation for everyone.

[@kathleencove]

@@user-kc4rh6wn6u People are literally born there and can’t afford to move. 🤦🏻‍♀️

[@user-kc4rh6wn6u]

@@kathleencoveNever talk without knowledge in Islam. Both the consumers and sellers of riba are sinful. Islam is not opinion based. If you sell or rent your home and someone buys it with riba that is permissible because that is not your business. Likewise if your payment pays for someone else's interest loans that is also permissible. Finally in Islam we do not shame, we warn. No one cares what sins you do but it is the job of every Muslim to advise their fellow brothers and sisters. Someone may feel that stealing is the only way for them to feed their family, and Allah forbid they be right. That doesn't make stealing not sinful for them. The intention can be good but the action still evil. They must resort to begging if they can't get food in this analogy. Similarly if one can't get a home they must find some sort of accommodation that is free of loan taking. I hope this clears it up.

[@Ididntthinkforthisone]

Haram is haram Allahuma barik sheikh ❤

[@3papa0choolo5]

The "beating around the bush" reference was comedy gold! Sheikh is truly a comedian.

[@yeasinahmedchowdhury2601]

Subhanallah Alhamdulillah La ilaha illal la Allahu Akbar

[@Mdyousufhayath1221]

You didn’t find the video. The video found you. Alhumdulillah.

[@masudanwar7320]

Barakallahu Fik.

[@truereality84]

One thing you could do is rent, and then save money on the side to buy your own property eventually. It is not too difficult to do if you think about it, especially if you are proactive and learn income producing skills (Web Design, Digital Marketing, Software Engineering (Coding), Search Engine Optimization (SEO), Blockchain, Copywriting, Project Management, Video Production, Amazon Web Services Development, Resume Writing, Data Analysis, Content Creation, Artificial Intelligence (AI), Public Speaking, Affiliate Marketing, Animator, Audio Producer, Content Marketing, Email Marketing, Sales, UX Design, trading, Video Editing and Production, Entrepreneurship). Also you could save up with family members to buy the house even sooner.

[@DeenDispatch]

Asalam Walaykum. The key is having Tawakkul in Allah and his plans. Nothing is stopping us from praying to Allah to get a house and avoid riba. The key is planning and preparation along with prayer and patience. If your intentions are pure and you get up everyday, work hard and look after your people....why will Allah not grant you what you asked for? Are you praying to him for a house so you can feel good around people or are you praying for a house so you don't have to pay riba? Allah is the best of planners, have tawwakul. 🤲

[@mangieddie3548]

He's My favorite sheikh in KZbin

[@saq3329]

Sheikh should also tell the solution or an alternate to owning home. We know the problem, what people need is solution.

[@blockmaster509]

There are islamic banks, who helps to buy a house like instalment payment system, or you can live in a rental property

[@osamajavaid4805]

Exactly people keep complaining about rental but all you need is house doesn’t matter if you own or rent it. Owning a house is everyone’s personal decision and greed which they try to justify the riba based purchase.

[@Joseph-cf2wd]

@@blockmaster509 Islamic banks are mostly in Islamic countries. And even the so called Islamic banks are not strictly islamic. Most of times if you go to Islamic banks and say you want to buy something of 10k value, they will either rent you the money or buy it for you, and you in return pay back the money in installments totalling something like 15K. This is just interest being charged in another way. Banking and Islam is fundamentally incomparable. A bank wont lend you money unless they get a profit from it. Installments, is just another way of charging profit like interest.

[@naim7466]

Muslims escaping poverty, been emigrating to Western countries for the past 6 decades,mindset being grass is greener over there,come with nothing,opportunities exist to borrow money from banks,to buy properties,start/expand businesses,neccessity which leads to becoming wealthy,major sin is brushed under the carpet,treat it like a minor sin,people don't like talking about it,perform umrah,Hajj,rely on forgiveness, some say it's OK,it's forgivable sin,only for shirk you won't be forgiven.

[@ummsarab853]

​@@Joseph-cf2wdA profit is okay in Islam but most of the banks are not doing it in the real islamic way. If I want to pay back the money much earlier because for any reason I got the amount of money. The Bank then will tell you but then you have to pay more back as agreed. In Islamic way the amount inclusive of the profit should not change. This is riba for sure.

[@gofawax8192]

TabarakaLlah, this sheikh is always cooking the best lines😂

[@CashPacasso]

It actually was a horrible comparison

[@realistrule6405]

I have been telling a lot of brothers that they don't care. I'm the only one in my family who did not buy my house.

[@AftabAhmad-ux6lv]

Same brother..I have good job Alhamdulillah..but I am so confused to go for a Mortgage or not..my colleagues at work all bought more than one houses..all of my friends bought houses ..both colleagues and friends pushing me really hard to buy one…with same excuse it is a necessity or u can buy one for living …wallahi it is very tempting..May ALLAH guide us all ..even today before iftar one of my colleague asked when I am buying the houses..and I just smile..”dnt know”

[@umeriqbal8269]

​@@AftabAhmad-ux6lvMay Allah keep you strong.

[@khanmohammed1212]

kzbin.inforoKRn14AIds?si=XKjcAUgEIOnj2F1Q

[@SomeGoatedPerson]

The people are lost. The third worst sin is riba (interest/usury). It is the only sin where Allah and his messenger ﷺ will go to war against you for. Fear Allah and his punishment and stop saying such nonsense especially during Ramadan.

[@EskrimamanUK]

don't live in a big city - let's not fool our selves

[@Kim_Jong_Un_.]

​@georgexander7170move somewhere cheaper, go to a Muslim country, or rent. Stop making excuses you shaytaan

[@sTyLLzX]

@georgexander7170Move to a different city. Humble yourself and live in a less expensive house, really not that hard, im sure there’s many around you.

[@GenerationZ0]

A university degree paid with riba loans won’t have barkat in it . Talking from experience

[@hamayun9870]

Could you expand on that please? What signs did you see

[@abdulrasheedmohamedhussain6175]

Yes, I agree with u @GenerationZ0

[@abdulrasheedmohamedhussain6175]

Get educational loan from bank (with interest) and do degree, then how can we expect barakka on that. See, Why should I was choosed that degree to do with assist of bank loan. In stead of that, Let me complete based on my financial situation with halal can do affordable degree courses. See, My concern, All course are good but we should do proper manner with our dedicative performance. But this thing will not be applicable by utilising riba based education

[@GenerationZ0]

It is very personal for me - but I’ll share my story because I care about the Muslim Ummah , ya ﷲ , I am writing my story to share with the younger Muslims , give them my direct lessons and to hopefully save a young Muslim with your help ﷲ ameen. ﷲ please reward me for this small deed Ameen and grant me clarity and guidance in my life Ameen. Let’s just take an example of me and my two friends, A and B. Friend A: took a tuition fee loan out from the government and because they’re from a poor family who couldn’t afford the fees upfront, he only took as much maintenance loan as needed and it wasn’t spent in waste. It was spent on his rent, food and living expenses. Alhamdulillah he’s doing well in life, he’s got a job and he’s doing well. Friend B: his family was also not rich , but B’s parents struggled and hustled and eventually came up with the amount of tuition fee loan for the three years of the course, B was staying at home as he was going to a local university and he graduated on time he’s got a job and he’s doing well as well. Now let’s come to me , compared to A and B my parents were actually quite wealthy and could have afford to pay for all of my tuition fees upfront and it wouldn’t have affected them at all. Obviously at the time I didn’t know about my parents financial situation and I assumed I’d take a loan out like everybody else, I was only told recently by my mum , that just before I started my course all the way back in 2017 , my mum told me that my dad decided that he’s not going to pay for Tuition fees upfront and that I’m going to take a loan out and that my parents would’ve paid off this loan as soon as I had graduated so that the interest (RIBA) doesn’t stack up. Now, instead of me being sensible and only taking out a tuition loan to pay for the studies (because all 3 of the uni’s I’ve gone to are relatively local to my home) I got extremely greedy and extremely extremely greedy and I took out a large large maintenance loan that was not needed and I cheated the system to take more maintenance loan than was necessary, even though my parents could’ve given me a maintenance loan for daily expenses such as food. I fucked up so badly that I’ve had to go to 3 different universities and I still haven’t finished my degree that I started off in 2017. Exorbitant amounts of maintenance loans, been kicked out of courses, I’ve failed degrees, And this is all because of the fact that I wasn’t praying I wasn’t religious I was having sex. I was doing drugs. I was drinking alcohol and when I used to come home on the weekend I used to tell my mum and dad that I’m fine. I’m working hard. I’m studying when in fact I was fucking around. God has shown a powerful deeply deeply impactful lesson, the wounds of my past cutting slashing this day, I’m trying my best to change things around and InshAllah God will forgive my past and make me catch up with the rest of my friends who are all ahead of me in InshAllah InshAllah InshAllah If you read all this and you think it’s interesting, I would genuinely appreciate it. If you just said a really quick short statement under your breath may Allah guide this brother who wrote this comment may Allah grant him success إن شاء الله. So my tips for you people taking out a student loan just to pay for the tuition fees isn’t too bad. Have the intention that you know you’ll get your parents or family to help you pay as soon as you graduate and will be very very very low, and then you can just seek a loss forgiveness for this very small amount of interest. Secondly, you can ask your family to pay the tuition fee loan outright, but then there’s gonna be pressure on you to finish without fucking up so you have to do this seriously . And thirdly never ever ever ever ever ever ever take a maintenance loan as much as you can help it try getting a job instead try borrowing money for living costs do not do not borrow this money because it’s not blessed it’s cursed. Thank you for reading. Pray for me. Gen Z .

[@AmanKhan-sq5hx]

Nah you were just bad in your studies don't make excuses for your lack of discipline. There are million of students who have a splendid life bcuz of that loan

[@shafiqrehman8128]

Well maybe he can ask the Gulf Arab leaders to help set up some halal alternatives from the abundance of oil and gas wealth that Allah has blessed them with instead of wasting it on extravagant lifestyles. Don’t they have a duty and care for the ummah. Then maybe we will get a better understanding of his level of imaan and taqwa. It’s easy to criticise the general public but a true test of imaan is to speak up to the rulers.

[@sabtaingopinath9652]

Yes I find it very weird... Alot of the Saudis coming into western nations... Pointing out the issues.... But offering no practical solutions. This sheikh has a good reputation from what I know... But it does occur to me sometimes.... Why is he coming to the West saying all these thinfs when Saudi itself(where he comes from) is becoming more and more western by the day. As for the oil wealth.... The Saudi oil is pegged to the interest infested American dollar.... Its called the petro dollar... Yet this sheikh never ever touches upon that topic... Nor does he ever offer any solutions to the Problems that Saudi is facing.. But they want to come over to other countries... That they deem to be fertile ground... Where the people are struggling.... And then point out how they have deviated from Islam... Mind you these western countries are not Muslim at all... Saudi is Muslim... This is why more and more people are coming to the conclusion that these people have an agenda... They are working on an agenda. The Syrian war proved it. Now the Gaza conflict is proving it. Meanwhile the Arabs living in the West are the most westernised people I have seen. But for some reason the hammer of the sheikh and his aim Is nearly always directed at the poorer, less educated, less politically connected people that are easy to sway. Again, if the sheikh offered some practical solutions and we saw it on the ground.. That would be welcomed... But we never see that. We see the criticism... Then the media exposure they get... Then they get an increase in followers... And the cycle repeats.

[@Usamamohamud]

If they help or they dont help, hell if they side with the kafirs it wont change that riba is HARAM. You are responsible for yourself dont use corrupt leaders as an excuse because on the day of judgement your sin is yours and their sins are theirs

[@shafiqrehman8128]

I’m not trying to use the corrupt leaders as an excuse for anything. I’m just highlighting that these scholars only seem good at criticising the public but you never hear them speak up against the leadership of our society who are in power and can actually resolve these issues. It seems they’re only good for talking but when it comes for some actual solutions and struggles to help the people they always seem to conveniently absolve themselves of any responsibility other than lip service.

[@sTyLLzX]

@@shafiqrehman8128Just rent until you can buy. Simple. And if you can never buy then oh well. Live this life as if you’re a traveler.

[@shafiqrehman8128]

@@sTyLLzX With all due respect you are not in a position to dictate to others. The opinion you are supporting may not be valid in all scenarios. Therefore my humble advice is to liaise with your local scholars who will advise you on the best course of action to take. Virtually every Muslim knows that Riba is haram however like with any haram there are situations in times of necessity that they become temporary permissible, therefore making blanket statements and condemning others is in itself impermissible.

[@sucrecalderon]

Dont forget what Allah mention in a hadith that he let some people poor cause they would be sinful when rich and also the opposite way and remember that less people of the rich enter jannah and most are poor people that enter jannah ,,so live for ahiret and success your test in this world

[@zaheerpatel2449]

May Allah forgive us, protect us and free us from the clutches of Riba. This has been normalised so badly.

[@mjradi4371]

This is a very basic response. There are many types of Riba. It is recommended to watch the discussion between Sh. Yasir Qahdi and Professor M. Fadel about types of Riba and a comparison between the present economy and the previous economies.

[@boogee8192]

Yes, very basic if you’re looking for loopholes. You’re taking your knowledge from Yasir Qahdi who said the Quran isn’t preserved? الله المستعان

[@ThePlofadi]

They say it is Haram but give no solutions alot of times rent is just as much as the mortgage and in the major cities it is even more. Imagine paying half your salary or mlre just to live in a space you will never own with a lack of space and privacy. Or you buy a house where at least come retirement age you have your own place and something of significant value. I appreciate these sheikhs but they just say things are haram with no solution. Those who say save up for it are just as deluded economic conditions are getting worse you cant expect to save to buy a house and rent maybe in the 90s but not now. Not beating around the bush if it is haram that is the way it is but saying it is haram and not giving alternatives is not helpful. Those in the comments who say they would rather live in a tent imagine your precious wife and children would you give them that type of life. Like bros and sis be for real.

[@denissetiawan3645]

The problems you've mentioned are created by capitalism and riba. May Allah give you the best solution for your challenges.

[@aiineek2210]

Why dont you do hijra to a more affordable country then?

[@nuhashahmed7692]

There isn't a solution to everything, it is there responsibilty & obligation to remind people of halal and haraam , you liking it or not is irrelevant. This is your test from Allah are you going to commit haraam just because paying rent is inconvenient or lowers your standard of living? Or are you going to be patient and persevere for the sake of Allah.

[@showamantv5219]

Well everything you said is something you want, not what you need. Why not move into a cheaper area where rent is affordable to your job/lifestyle and continue life from there. What’s more worse, upsetting the creation or the creator

[@acecardinal]

Sometimes people are intellectually lazy about finance. You can trade up, increase your salary, and leverage other investments to get things you want. Me and my brothers did this to avoid riba on cars. We buy what we can, we fix it up strategically, while working to increase our salaries and earning from other invesments and trade, then in about a year you sell the car and maybe add a bit of money for another car. After about 5 years of doing this, we were all driving sports cars and luxury cars with Zero riba. Now I own my own home, just a 2 bedroom condo, but no riba. As my family grows, I'll do the same thing and slowly upgrade my living space, which is even easier with real estate because it tends to appreciate. This too is a test, so the idea it's supposed to be easy is a false one. Have sabr and use the intellect and creativity given to you by your creator, and Inshallah a path will be made for you.

[@waraabebidaarleh3165]

You can't buy a house with a 1,5% interest loan but you can buy a house with a 25% "service cost fee".

[@Usamamohamud]

You cant buy a house with 1.5% interest rate but you can buy an apple with 25% profit margin. Do you hear yourself? One is harm and the other is not

[@waraabebidaarleh3165]

@@Usamamohamud Right, it's total bull. Let them stay poor their whole lives and pay way more for renting houses than they would pay for interest.

[@Usamamohamud]

@@waraabebidaarleh3165 sure let them, if having a home is enough to trade your religion be my guest. Allah gave us free will and you may use it as you like but expecting to own a home or become wealthy by disobeying the one who provides doesn’t seem smart to me.

[@Naz-1234]

You dont need to own a house in this world. People buy it for the sake of convenience, which isn't a necessity.

[@AliSidTex]

I never understood the first house halal theory. That's why I went with an Islamic mortagage. They buy the house for you and rent it back to you till you purchase the home from them. The key to avoiding riba is that you should not buy a commodity with the same commodity. But you can purchase an asset with a commodity.

[@name8031]

My brother, an "Islamic mortgage" is hardly any more Islamic than a conventional mortgage. If you get a fixed rate mortgage and put a down payment of 20%+, the only difference between the conventional and the "Islamic" is if you lose your job *and* the house value drops, so you cannot sell it and take out the same/more equity than you put in. And for this difference, you're paying way more in "profit" to the bank, which is not different than interest, since the intention was always to sell you the house right after the bank bought it.

[@MrMalam1234]

​@georgexander7170 Really, so this planet has no one that is renting and not surviving? You make it sound like mortgage is a way to stop homelessness.

[@AliSidTex]

@@name8031 that difference is what makes it halal. And it's worth the extra cost to avoid Riba. Also, using your complaint of extra cost, you could argue renting is more expensive in the US because the monthly mortagage payment stays fixed for 30 years. But rent triples in that time period. So your paying way more in "profit" to the bank which captures most of your rent from your landowners' mortgage.

[@greatashraf]

Excellent kick to the face of those who advocate for interest based loans to buy cars, house, computers, phones, air tickets, ornaments etc. what not !

[@BigBoss_85]

To all the people saying why don't you rent instead? What about a person who is on a low income and can't save any money to buy a house, what's he gonna do when he retires at 70 and can now longer pay the rent. What's the solution for him? This is a genuine question.

[@majestic6303]

It’s like a a guy/ girl looking to get married gets sized up if they have a house or not. Knew a lady that took a loan to get a house so she her daughter can be marriage eligible.

[@AtrociousVengeance]

Although I agree with the Shaykh regarding haram being haram and all mortgages being haram whether the first home or any other home,however, the analogy is off because your survival doesn't rely on a one night stand but your survival can potentially rely on your first home being obtained through a mortgage. The opposition will simply refute the Shaykh by saying, drinking alcohol for survival is fine even though the act is haram, the circumstance makes it permissible.

[@BryceLyndonStone]

..also if you pay rent to a landlord they use that money to pay their mortgage. So in essence you're still contributing to riba it's just an extra step. Hopefully we will have an Islamic bank in Australia soon so we can buy a house the halal way.

[@BigAck]

The main issue is, in western society your lowest value house is 300k. And by time you have enough to purchase that. It’s been 30-50 years. Most Muslims born and trapped in a western economy earn dollars based off debt. And credit systems are forced on you. I’m not advocating for usury. But you realize without this forced usury everyone will be homeless. There are too many non Muslims who hold the system up. It’s very hard system. And Allah knows what is in your heart. Salam

[@4s_sheik]

Are u really adding practicality into this, for a muslim its about what Allah and his messenger commanded and riba has no place in the life of a muslim. You might not be able to afford a house without riba but that doesn’t mean u have to do a major sin. A muslim should Tawakkul in Allah.

[@wrth]

@@4s_sheik so what does one do? stay homeless? we can rent but in the end someone needs to own the house and usually they also have a mortgage. also, to save that much money we would need to save as much income as possible meaning have no rent

[@itsyourboyyy]

​@@wrthnobody needs to own. Just rent. Stop trying to change shariah

[@itsyourboyyy]

Rent

[@wrth]

@@itsyourboyyy i am not trying to change sharia. i am showing a perspective on how you can’t purchase a house. if you rent then you are renting off someone who has purchased a house. and they are paying mortgage. so either your landlord is a saudi sheikh who bought in cash or your landlord is a non-muslim paying interest.

[@TheCursedOne_MLBB]

Yeah haram is haram no way around it, you just need to admit even if you cant avoid it

[@UsmanAli-mz8zf]

Where is the muslim solution to this? Muslim banks and others are still charging same thing with the word interest replaced with profit

[@ids9717]

Shouldn't live in non Muslim lands surah Nisa verse 97

[@bushraansari8354]

​@ids9717 Fascinating idea..so those born in non Muslim countries should die if they cannot move to a Muslim country..last i checked Saudis are not accepting people to help them settle in their Muslim land. I understand living on rent. I have lived on rent most of my life and would gladly continue for the rest of my life..but should applaud your response..quoting Allah's book to shame people for being born in some country.

[@realistrule6405]

You rent and be happy with what Allah has provided us

[@stati5tik]

@@ids9717 there is no "muslim land" in the sense of muslim state left. every so called muslim land consumes riba in one way or another too. even saudi arabia is not interest free -- try to take a loan from a saudi bank and be surpised if you dont believe me. only option avaible is renting, saving money and then buying properties biidhnIllah.

[@syedhasanmohiuddin827]

Lol solution is what HUNDREDS OF MILLIONS of Muslims are doing all over the world -- *R E N T* . You do know that like 90% of the humans can never afford any house or loan, don't you? 90% of humans are food deprived, and dont even know where their food the tomorrow will come from, let alone having a house or a loan. How do you think they're living?? Obviously renting!

[@thefan974]

Mortgage is riba which as we know is indefinitely haram to pay and charge but that being said if a person has a large family and cant find anyone around willing to rent a house out to him as a result, then it is permissble because he will be homeless if he doesnt . That is the only circumstance.

[@creativity2598]

Hijrah to cheap countries is the only solution to stay away from house Riba. Its hard to buy a house in cash in uk us.

[@arianitonline8748]

he's right but same time not. there are two kind of loan, with fixed interest and with variable interest. the variable interest is haram, because of the reasons he mentioned. but the one with fixed interest is not necessary haram. the reason is because the bank buys the house and re-sells it to you. the bank says ok, you want this amount of loan, for that house, but we are going to give you the loan but the house will cost you x hundreds/thousands euro more. which you pay in monthly rates. it's a normal sale/re-sale transaction. that's with fixed interest only, because it doesn't increase with inflation. it's an agreement between you and the bank, where the bank gives you the loan, but re-sells the house to you with a higher price. this is called economics 101

[@bostoneorge1487]

Ahhh that western life gotta own that house, coworker telling you "oh you dont own you rent"

[@toolate6971]

The reasons for having a house are for more serious than what he said. He is correct, it is Haram.

[@soroushdarvish9281]

Only if Saudi Arabia shared its oil revenue with Muslims around the world the. We wouldn’t need mortgages. I think being in bed with Israel and nato deserves bigger judgement than judging families for having a mortgage.

[@abdimahamud7267]

And who said you'll be judged based on Saudi Arabia?Stop changing the goal post & blanket blaming your misfortune to the Saudis as Allah will judge them.

[@noonwraith401]

Lmao what?

[@sabtaingopinath9652]

​@@abdimahamud7267Excuse me? We have a man a sheikh from Saudi.... Going around ridiculing people with families living on a mortgage, trying to make ends meet... Telling them How bad they are etc... Yet offering no solutions? No practical solutions? And his home country has pegged its ENTIRE oil wealth to the interest infested dollar? It's called the petro dollar. Either the sheikh thinks we are misinformed... Or the sheikh himself is misinformed. The situation on the ground it very different than what is being presented here. This is agenda driven. Pure and simple. If you don't see it that's your own issue. Rest of us see it. Very clearly.

[@anjumbukhari8453]

In US many Masjids build with mortgage and interest money….sad but the truth😢

[@usmansyed6064]

Here in the UK too. It's a very difficult system to get out of. Local mosques asking for money to pay debt off on the loan borrowed from the bank. May Allah forgive us!!

[@anjumbukhari8453]

@@usmansyed6064 yes brother but the only other option is to keep renting for your whole life and never own a home….and I know that’s it’s better to not own than wage war against Allah and his rasool but what is the other option ? A lot of the sub continent brothers get homes owned by their fathers which at some point was also bought through mortagage….I do not know of any other way other than asking for forgiveness and try and pay it off as soon as possible

[@umeriqbal8269]

​@@usmansyed6064Wow is that really happening in UK? Mortgaged masjids? Are the UK Ulama asleep?

[@usmansyed6064]

@umeriqbal8269 It's a necessary evil brother. Alhamdulillah the mosques are filled up and there are more muslims in my area than the mosques. Especially for Jumma, we have two jamaat and still it's super packed. The local councils make a case of health and safety hazard and limit the number of people in a building at a given time or they warn to completely shutting down the masjid. Naturally, one would submit plans to extend the masjid, get approvals, get funding etc. And unfortunately, the system we have in the west is that any type of funding like this comes from a loan with interest. May Allah forgive our sins.

[@y_p7]

The example was lit

[@yousefyousef2635]

They never talk about alternative

[@hasanjamil3969]

I agree but there is no country in the world. Muslim or non Muslim even saudi where you can get a loan without interest.

[@sabtaingopinath9652]

Yes but they don't want to touch that subject. It's becoming more and more pbvious.

[@Rizwan-kz5zw]

Owning a house is overrated. I just rent a lease and can move location/job whenever I want. More flexibility. Also, there is apparently a house tax. So I avoid that too

[@virtualAviator159]

I'm in the UK, the rent prices are double of mortgage prices. It's difficult no matter what.

[@UndergroundTech]

Owning is waay better than renting thats for sure. Its nice to have a firm place you can call home

[@virtualAviator159]

@@UndergroundTech also if you're old and can no longer work, how do you get money to pay rent? Especially if you have no sons

[@KayLa-sq7cv]

Why should it come down to your sons i hate people that use their kids as there retirement plan why would you give them such a burden ill rather die single if I can't afford it

[@virtualAviator159]

@@KayLa-sq7cv that's like saying why should parents have a burden of paying things for their children from birth. If your parents have spent time effort and money to bring you up, surely you can repay the favour when they are old and unable to do anything until they pass? Not sure if you're Muslim but looking after parents in Islam is a good thing and has its rewards for those who do it in the next life.

[@thaabitshabazz4117]

And the ones going to universities for a better education and taking out loans is also haram

[@_Make_America_Native_Again_.]

Then stay a poor jahiI

[@thaabitshabazz4117]

​@_Make_America_Native_Again_. You miss the point dude Seems like you need some Education

[@itsyourboyyy]

​@@_Make_America_Native_Again_.If you're dumb maybe but if you're smart you don't need one

[@_Make_America_Native_Again_.]

@@itsyourboyyy yes stay poor. No wonder we Muslims are generally the poorest religious community.

[@ids9717]

​@@_Make_America_Native_Again_.Shouldn't live in non Muslim lands. Surah Nisa verse 97. Even if it makes you "poor"

[@kiezasosa3173]

Any Muslim who accepts ribah has declared war with Allah and his messager

[@huzafah]

More people need to read this again and again

[@DTKRDMNK]

All cars, cash upfront. Living in a large vehicle, renovated, insulated and bought from cash upfront. No banks, no digital. They fear this type of thinking. Stop playing their game. A leech (banks) with no host will shrivel up and die.

[@DTKRDMNK]

@georgexander7170 if you'd get just a "car" in that scenario, you're not thinking outside the box.

[@DTKRDMNK]

@georgexander7170 it's okay if you don't get it. Stay in your safe zone. Need to know basic skills of auto mechanics, electrical, solar, carpentry, physical fitness, culinary, hunting and been through real survival mode to understand what I'm really saying.

[@DTKRDMNK]

@georgexander7170 You think it takes 5 to 10 years to learn these skills and 2 to 5 to build a house or shelter 🤣 🤣 🤣 🤣 🤣. And lack means of making income while learning. What kind of thinking is this? Go pay your mortgage, comply and stop complaining then. You're all over this channel with negative outlook on other comments too. But this, but that. It's almost like you've been conditioned to comply to these false rules. The "rules" that make people believe they need to rely on banks, government, interest based options, etc.

[@SalahAlDin1187]

Ask a sheikh who actually lives in the area or country where you live. Rent is not an option for many, specially those who have children. Also Halal mortgages are usually double the the interest based ones, so one would end up paying 4 times the price of the house.

[@klaaym3n]

everywhere is riba. that's the sad truth of the world. don't kid yourself.

[@hakunamatatatata]

Easy for a rich Saudi to say don't own a house when they own many and bought outright. These guy has no idea about the reality of grassroot issues. He's comparing having sex as a necessity and the same thing as putting a roof over your children. Also, Riba is not interest, interest is Faida, Riba is usury. Dont be fooled by these people who take advantage of non-arabic speakers. On one hand he say eating Mcdonalds is halal however providing security for your family is not. Unbelievable.

[@Imana23]

“ small amount of or people” I believe it’s opposite majority take mortgage and there is small amount of Muslims who don’t take mortgage.

[@AlladinMclovin2334]

Haram, whatever. I knew many Muslims that bought a house through Riba. The Mortgage is paid off and their kids kids are succeeding and wealth is growing. What type of rule is this in Islam?. Smh

[@erajkhan6601]

i absolutely agree riba is riba. The problem is in a place like nyc, you almost run out of a option to rent unless you live in a very dangerous neighborhood. Rent depending can sometimes be more than what a mortgage will be on a small house. At the end when you retire atleast the house is yours and that's one less expense you have to pay for. Imagine someone who barely gets enough social security from the government now has to pay for rent. Yea people end up in shelters. Islamic banks also don't give loans easily. When they sometimes do, then the mortage ends up being substantially more expensive than a traditional bank. May Allah forgive us but sometimes it's not so easy. Id rather my family be safe than live in a crappy neighborhood where rent is cheap and my mother or daughter getting shot or worse raped. It would be really nice if someone provided an alternative that people can actually follow.

[@Lulu646]

How you supposed to get a place of your own then ! Renting is not always easy it comes with problems from landlords . Plus it’s not always long term , suddenly landlords decide to sell , so you have to look for another place which I can tell you is not easy (been there done it a number of times ) it’s easy for sheiks to seat there and give out lectures (I wonder what kind of properties they live in with their families & how ?) would be nice if they can share a some videos ❤

[@farrtun]

You can blame the sheikh or make excuses all day. It would be lovely to own a house but trust me avoiding riba is for your own good. The minute you dip your toe in it you will start to have problems in life and your minute will have no barakah. Anything that allah forbids is for our own good. If you really have the money to own a house go to a Muslim country and buy it out cash or installments no riba.

[@MRAS25]

The question is, what is Haram in the Quran about interest. To take the Ribba or to give the Ribba. In Quran Surah Baqrah from verse 275 to 279, it is saying don't take the ribba. In the Quran or Hadith, there is not a single line for the person who is giving the ribba. So if someone wants to fulfil the needs of his family and to provide such need he contact to the person who only give on Ribba, this will not apply to him. In Quran clearly order for those who take the Ribba verse surah Baqra 278.

[@HasanAhmed-ex6jv]

Declaring riba halal for convenience however what is haram are all the Muslim nations for their lack of action on providing a simple bank account that does not give and take interest. It has been possible for decades as a Orthodox Jewish community are provided with bank accounts that do not deal with riba.

[@O.i5]

its pretty simple, live life like your a stranger in this world and stop envying what others have, Allah did not put you on this earth to own property, its your own desire, when there is alternatives then there is no excuse

[@CryptoFishing]

They have decleared A War againts Allah Almighty whoever trade or borrow or land with Ribah.

[@kalm4766]

Completely agree that taking out a mortgage is haraam, so buying a house in western land is almost impossible, can you give a solution to this problem rather than stating the obvious or are we suppose to stay homeless, renting is not a long term option

[@ids9717]

Shouldn't live in non Muslim Western land. It's simple. Surah Nisa verse 97

[@kalm4766]

@ids9717 There's no ruling that prohibits living on non-muslim land, except if they stop you from practising Islam, don't make up new rules in the religion

[@ib_parametres724]

This life is also not long term brother, think about that too.

[@sTyLLzX]

Renting is your only option. Just you dont like it dont mean squat. If you cant own then rent till you can own or until you die. Simple.

[@kalm4766]

@sTyLLzX It's very simple way of looking at it, but you've not thought it through, if your renting you'll never own, you do realise how much it costs to rent, also as a Muslim you don't just have a responsibility to your spouse and children, you also need to look after your parents in their old age, think it through and than you realise that's not a feasible way to live

[@FirstnameLastname-dm2xl]

Good luck out there without a house or a flat, all are interest based unless maybe you know someone who bought a house with cash.

[@mohammedaslam9284]

I have seen peoples more stress full after buying a house .

[@khanmohammed1212]

kzbin.inforoKRn14AIds?si=XKjcAUgEIOnj2F1Q

[@TriadicSilver]

If you rent, your supporting the landlord who has the house on interest. If you finance the home you still pay interest. there is no situation where the house or property you live in doesnt contribute to interest to the bank. Unless your landlord paid off the property but thats unlikely.

[@birbsandsports]

Never thought I'd hear him say "One-night stand" lol

[@ishaqthkr]

So basically people buy a haram house in Duniya and build a house in Jahannum too 😂

[@siamerzuah1052]

I always want to learn from scholars and this answer is satisfying. However, my question is, should I pay $2000 living in a rental apartment, or $2000 living in my own house? If I pay for the house, it's considered riba. Now, if I pay for the apartment is it okay then? Allah made the rules to help us. He didn't make the rules for him. So the question is, should I pay $24, 000 a year for another rich man to get richer, or should I pay 24,000 where the value could be gained with the interest coming back to me in the form of tax returns? Are we not looking at the mortgage issue from a tunnel vision whereas Allah has given us the mind to reason? Trading is allowed and investment is also allowed. Is buying a house not an investment? If not, so is it okay to pay almost $200,000 in 8 years living in apartment, or paying that money in mortgage which allows you to get the 200,000 back in the form of monies from tax filling and mortgage appreciation?

[@eros727]

The rent that you’re paying has interest built into it. You’re not escaping it by renting.

[@berhanwar]

It’s better to be homeless 😅

[@eros727]

@@berhanwar no it’s not, that’s ridiculous.

[@AftabAhmad-ux6lv]

@@eros727..it doesn’t work like this…the landlord involved in interest not your issue..you are not part of the contract in buying the house..you only paying for the services/Facilities…how the owner used that money and what to pay for is his problem…

[@bismillahschool]

Yeah no one in there right mind say it's Halal - it's Haram - but I have to tell you those who purchased mortgages on riba liek 25 years ago or so - their mortgage is Less than today's rents - due to inflation and people are even in problem paying their rent nowadays and may end up on streets amd even shelters are full; besides that shelters are full or drug addiction etc;

[@anotherhurayra2024]

yes you have a valid point. we need solutions that don't just say you have to go rent as it is fast becoming unaffordable to rent with rates going up all the time. Also, one can't keep renting into their twilight years and needs some kind of security that they will be able to live in their home (rented or otherwise) then they are older. Not everyone is financially well off like Sheikh (with the utmost respect).

[@Yusufyusuf-lh3dw]

Muslim community should come up with interest-free solutions to this problem. Paying interest is not the solution.

[@user-kc4rh6wn6u]

get a room mate, live with a family member and pay them if needed, stay in a motel, buy a used rv or trailer, move to a cheaper city, live in the woods. All one million times better than even spending one cent of interest. Allahu3lam.

[@kathleencove]

@@user-kc4rh6wn6u You go do it then.

[@abdumamed6602]

​@@user-kc4rh6wn6uuntil when?

[@richardhawkins4621]

You cant live in a world where this is normal unless you have the cash to buy straight off

[@brianc4594]

How does someone get a loan of money without paying something extra back on top of it? What would be in it for the lender. By the time u pay back the loan the money would have devalued.

[@abmrezaulislam1978]

That's the point. That's why in Islam there is no increase of money method out of lending. In Islam you have to earn profit by doing business and sharing profit and loss. Interest is a greater devil which you can search online and even get information from non Muslims.

[@UziGameGP]

​@abmrezaulislam1978 then there would be no banks, everyone hoarding cash at home? Not possible.

[@O.i5]

@@UziGameGPbanks would of course still be around by paying a fee to safeguard your money, your not in this earth to chase after material wealth, its envy that makes you do so with the shaytaan whispering in your ear ‘that guy has his own house, why cant you, you got no other options’ that mindset is what destroys the ummah, if you get a mortgage on a house for a typical 25 years and in 10 years of paying you lose your job and cant find a new one, the bank repossesses your house and all that money you’ve been paying for it, guess what its gone pooof, if you cant see the evil in that and realise Allah has forbade it for such reasons then you’re already a shaytaan puppet and need to quickly reevaluate your mindset, may Allah guide us all

[@abmrezaulislam1978]

@georgexander7170 exactly.

[@Write2samk]

Paying rent for the rest of your life is halaal. But paying interest for the same house is Haraam. What I fail to understand how is paying rent more beneficial than paying interest?

[@mohammedyusuf3888]

Firstly, what is definiton of beneficial. 1. If you mean beneficial by serving your lord and not indullging in major sins . Then yes its beneficial 2. You mean benefical for you as you get to in the short term pay less but long term pay double for that house. But atleast you eventually own. Depends on what your view as beneficial. 3. Beneficial as helping fund the usury system and in term aiding in inflation and banks in business. If you think usury is not evil please look at the imf ad world bank and see what usury ie bank loans can do to a nation. See how usury can make you a economic slavery. Just look at the countries who take loans from world bank and imf...

[@joeyjoey1154]

If you want a house then save up from early age. Don't waste money on useless stuff.

[@bismillahschool]

How house were like 300 K and now in Toronto they fo for like 1.2 to 2 million dollars for like 2 to 3 bedrooms - even it's problematic to pay rent nowadays;

[@joeyjoey1154]

@@bismillahschool obviously get a degree in something good which will land one a high paid job

[@Yusufyusuf-lh3dw]

House prices in Toronto are over the roof 1 Million +. Or you pay rent of around 3K. I have a practical solution for the problem. You can buy a decent 2 bedroom house in places like Windsor for around 400K and earn rent of around 2K on it. Use that to offset the rent that you pay in Toronto.

[@kathleencove]

@@joeyjoey1154 And pay student debt forever. No thanks.

[@joeyjoey1154]

@@kathleencove people with mind set like yours get no where in life

[@berhanwar]

Flawed logic. I don’t see anything wrong if it’s for you to live in. I can see it as an issue if it was for investment purposes…

[@ilyphysix]

Riba is Riba.

[@RP313aat]

But sadly 80 percent ppl i think are trapped in this interest game ..and even some take loans for luxuries not needs..bcoz they have become use to paying interest 🙄

[@infoinfo5287]

What about the overpriced rents which are much higher than mortgage

[@robertcummins7739]

Red Lining here in the USA refused loans to African Americans for years. Keeping them from transferring generational wealth to their offspring. Therefore keeping generations in poverty which is basically slavery? My thought was interest is slavery? Not today it is just the opposite. If one rents in the USA he pays his landlord who usually has an interest loan on the property so you pay interest though another plus profit. So it will be the tent you must live in here in the USA unless you are very wealthy. I brought up the tent because of comments in this chat.

[@justanormalguy4885]

There is nothing wrong with renting, the contract and interest is not on you whatsoever.

[@Makeitgreat1]

...its easy to point out the obvious.... But what has the ummah, the kings, scholars etc done to assist people, so they dont have to get a mortgage? Zero!

[@hamedizzy5137]

Wait they have never said it was halal.

[@eros727]

There is no system on this Earth that isn’t affected or touched by interest. In every country, in every monetary system all currencies are tied to each other. You’re not escaping interest this day and age. Unless you want to live like the Bedouins , African tribes, with monks, with the Eskimo in the Amazon etc… You are going to have to deal with interest. Own, rent, work, bank, groceries…everything is affected.

[@abazism]

What about Islamic loan ?

[@Usamamohamud]

If a person wants to do haram they will go to the ends of the earth to justify it. Those who take riba wage war on Allah and his prophet and i swear to God we should be prepared to die before we do something so grave

[@Powsimian]

no question it’s usury but this is how you survive in this world, and you have to figure out a way to turn it to your advantage… it’s only good if you can lock in the rate and benefit from inflation

[@ilyphysix]

That's like saying you should invest in the pornography industry because it's rapidly growing. tUrN iT tO yOuR aDvAnTaGe.

[@adz8709]

Everyone knows Riba/interest/usury are all Haram. Point blank. The problem we have is not acknowledging it. Everyone says it. But no one offers alternative solutions. We have plenty of rich businessmen who are Muslims who own banks and lending companies but do NOT offer alternatives. I know a few ways of getting around it.

[@ashketchum2615]

Well there have been ads in Dubai advertising mortgages with low rates and according to this guy, if a Muslim ruler allows something, u must follow them without question so…

[@dustyzbrick9510]

Ur yappin

[@dustyzbrick9510]

The bank of Dubai is Islamic and prohibits riba if there are banks in Dubai it is privately owned and you don’t have to choose to bank with them. And Dubai is not a Muslim country there is no country that is actually Muslim country do your research.

[@muazunais2378]

​​@@dustyzbrick9510 how about auto loans? Is it riba free? If I wanna buy a luxury car with interest free payments is it available in dubai?

[@ashketchum2615]

@@dustyzbrick9510 FAB, the bank who's advertisement went viral is partially owned by the UAE government, how about do some research before "yapping", also this dude has called the UAE a muslim country that must not be questioned on multiple occasions

[@dustyzbrick9510]

@@muazunais2378 yes absolutely riba is outlawed with the bank of Dubai if your credit is good you will get the interest free loan

[@Astolfo491]

This is one thing no one follows

[@muhammadasmawi7025]

How to live rent free? 1) buy a tesla car and charge it for free at any public station that offers and sleep in it 2) buy a gym membership for $200 a year and do your showering and heat up food there. 3) have plan to be single and live like this life style for 10 years 4) save atleast $50k a year. 5) then buy a rich wife and live with her family house and eat for free 😅😅

[@Foralluhaterz]

Some of these scholars giving such fatawaa, fear Allah, and I fear for you when you meet Allah

[@Thabzzz]

Practicing Islam should be an easy thing to do for all Muslims but according to people in the comments you should just save up enough money to buy a house with cash as if this is a simple task

[@stati5tik]

you can rent too, you know that right?

[@JHS270694]

If we're not beating around the bush then the fiat currency you use is haram too since its printed from thin air and depreciates. This is a slippery slope and i cautiously ask for nuance in this debate.

[@umeriqbal8269]

You stated the core of the problem there. Creating currency out of thin air and than lending it in exchange for slave labour is a big game most of the people don't understand. We are truely living under a satanic umbrella.

[@UndergroundTech]

Interest sucks

[@brownnomad6805]

Most Muslims in the West on houses based on Riba😅

[@faisalwho]

Narrated Abu Said al-Khudri: Once Bilal brought Barni (i.e. a kind of dates) to the Prophet and the Prophet asked him, "From where have you brought these?" Bilal replied, "I had some inferior type of dates and exchanged two Sas of it for one Sa of Barni dates in order to give it to the Prophet; to eat." Thereupon the Prophet said, "Beware! Beware! This is definitely Riba (usury)! This is definitely Riba (Usury)! Don't do so, but if you want to buy (a superior kind of dates) sell the inferior dates for money and then buy the superior kind of dates with that money." Once you understand this hadith, you’ll come to realize this “sheikh” has no idea what he is talking about.

[@leodash_]

Is it the same analogy? The mortgage is more like you ask someone to buy some dates for you. After you're done eating, you pay the money to the person but the person said, "Nuh-uh, you gotta pay more because you're a bit late". The hadith that you mentioned is more like if you want to upgrade your house to a bigger house, you can't just trade two small houses for it. There should be an intermediary. At least that's how I understand it. Could you explain how you understood it?

[@faisalwho]

@@leodash_ ijara wa iqtina You have to differentiate between service charge and interest. If you are at an ATM machine and there is a charge for withdrawing money, that is not interest interest because the additional fee is is for maintaining the service (such as paying a person to bring more money and restocking.) Usary is you go to the bank and borrow money with the condition that you will pay back more than you borrow, so the dates in the example serve the purpose of cash - exchanging money in return for money. However, as he explained himself, that is not how mortgages work. If certain stipulations are met, than a mortgage will not be usury but rather a transaction - the bank buys the house for you and you buy the house from the bank. The principle behind Islamic finance is equality in transaction. That means, that both parties involved share not only the profit, but loss as well. The idea behind a mortgage is that you are buying equity, so if you default for some reason, as long as you maintain the equity the system is fair. (Of course variable interest rates are haram.) Do not take my word for it though. I have consulted mufti’s who also have financial degrees as well and have gone over mortgage contracts very thoroughly. I advise that you do the same. And Allah SWT knows best.

[@faisalwho]

@@leodash_ I responded to you earlier but I don’t know if it was removed or never posted. I want to clarify a few things. 1) service fee is not usury. For example If I withdraw money from an ATM and pay a fee, that fee doesn’t qualify as interest because that money is put towards maintaining the machine so it can continue to provide a service. 2) borrowing money and then paying back a different amount is riba, but that is not what a mortgage is. The bank actually buys the house and sells it to you for a profit. As long as the rate is locked and you maintain equity then the transaction is technically halal - if you default on your payment and you lose the equity then it becomes haram. 3) variable interest rate is riba. 4) Islamic finance runs on the principle of fairness if the situation is unfair then the system is haram. The governing principle is that alongside profit sharing, there should also be loss sharing. If one party is left to take the entirety of the loss and the other party only takes profit then this becomes haram. But please don’t take my word for it. Consult an actual mufti who understands and has a degree in finance as well.

[@davidkhan1928]

Salam Sheick, I have a question regarding this can you please answer. My grandfather miggrated to the UK in the early 70s. He borrowed money from the bank to start his Cash and Carry businesses he was very successful died with alot of bank loans. My dad was the only child and he carried his fathers legacy and further expanded the business. Now I'm to inherit everything, its worth is 52 million british pounds. All the loans have been paid off. Is this lawful for me to inherit?

[@izzyboy999]

Mortgage means "Death Grip"...

[@Powsimian]

by the way how is it an issue to take a loan, surely God punishes the lender who is extorting their fellow man

[@HasnainKhattak]

Assalam Ulaikum, brothers and sisters and especially Sheikh. Back in the days if a person did not pay back the amount of gold or credit, he/she would get slaved, punished and put into prison etc. Nowadays, there is no gold payment and the paper money has no value. The paper based notes that are made from paper and inflates over time. Say we buy 1kg wheat on $29, 10 years later will it be on the same $29? Or say i borrow $100,000 from a friend and return it 10 years later, will it do justice in returning the amount that no longer holders 40% of its value? I would ask back $140,000 based on inflation and matching the price of gold to current price. If it was gold, it would have retained at least some of its value. Paying interest on consumables is different compared to an item that holds its value. E.g food, water, fruits etc compared to land and home. A land or house retains its value, which is what we hold for and can sell afterwards. Nowadays, banks dont put you into prison, punish you or take away your family. They say dont make yourself a slave of money(interest) and stay away so that you can be free. I think its best to understand that we must do what we can afford and not bound our lives to a loan that takes ages to finish like 30 years. Allah knows best

[@stati5tik]

akhi thats why you never lend paper money. if someone asks you for money always convert the money to gold, hand him gold and ask him to return the same amount of gold at a given date. That way the original purchasing power is conserved. Wa Allahu a'alam wa salam

[@sohelhussain2689]

RIBA is loan sharking. A fixed rate of mortgage is not a floating rate mortgage. This is nonsense.

[@user-ke1dq8in2t]

Paper money is riba aswell if you think about it it truly. That’s why allah gave us gold and silver.

[@samiulhaque5214]

Now, you can't change the whole system instantly. Living is this system, we have to avoid 'Riba' on our own. The system is fully corrupted. We have to do our works in a halal way as much as possible.

[@user-ke1dq8in2t]

@@samiulhaque5214 Most of the scholars of Islam today can’t even recognize that paper money is haram.. neither have the courage to declare so

[@user-ke1dq8in2t]

@@samiulhaque5214 what explains this system and the universal corruption in the world today? The Quran answers yet the scholars yes the Islamic scholars do not know.

[@stati5tik]

​@@user-ke1dq8in2t in previous times paper money was bound to gold (bretton wood). The real issue began after nixon introduced free floating currencies. So the dollar has no fixed value. The only value is american's war machine forcing other nations to deal with the dollar. The entire system is literally based on interest based debt and the promise to be able to pay the debt out (=riba). But the Prophet(s.) predicted these times: “A time will surely come upon people in which none will remain but that he consumes usury. If he does not consume it, he will be afflicted by its dust.” -- Sunan Abī Dāwūd 3331 wa Allahu a'alam

[@samiulhaque5214]

@@user-ke1dq8in2t Akhi.. Everything without shari'ah is kufr. Cause Allah already gave us the way how we have to live our lives. He knows what's best for us. But now, through many obstacles, Islam is not as it should be in the world. The powerful islamic countries are just dummy. Now what can we do? In my opinion, we do things that we can do on our own. Saying something haram and leaving it would make us homeless. But we can keep a mentality that these are haram. This way we can live maybe until The world fills with justice.

[@OH-dv8gg]

Islamic banking and loans are the answer

[@stati5tik]

"Islamic banks" are just riba with extra steps. They just change names: interest rate becomes processing fee. So if house A is worth 300k they buy it for 300k and sell it to you for 320k. And juhal like you think its legitimate..