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Yes, i borrow money of my parents if need be. BUT they do not charge any interest and this is fine.
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Posted: 2005-10-13 23:26:57
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how do you afford a house then, you ask your parents for 200k?
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Posted: 2005-10-13 23:33:08
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Nope, my house only cost £16k and they helped me buy it. (10yrs ago)
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Posted: 2005-10-14 00:13:51
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ok but what about muslims now who are like 21, how are they supposed to afford a house without a mortgage
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Posted: 2005-10-14 00:15:45
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same way as I explained with buying a car.
In most Arabic countries the goverment gives you a home or land plus money to build a home for example.
But lets say you are not from an Arabic country and just a Muslim.
Get a friend to help.
Maybe a friend can't help.
Then go to an Islamic Bank.
In some instances you have no choice. lets say you are in a country without an Islamic Bank, then you have no choice but to get a loan.
Mortgages in the Uk are extortionate anyway compared to Bahrain or Qatar.
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Posted: 2005-10-14 00:20:16
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so would you be sinning by paying or gaining interest even if you had no choice
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Posted: 2005-10-14 00:24:19
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@solidsingh
Peter or amnesia can correct me here, but I would imagine that it is permissible to get a mortgage if it is the only way one can get a house. I would imagine that the intention is the most important factor.
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Posted: 2005-10-14 00:37:05
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True Scots, Islam rewards you on intention first then actions.
These sites may interest you:
http://www.halalmortgages.com/halal/index.html
http://www.amanahfinance.hsbc[....]caf.nsf/Pages/UKFAQHomeFinance
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Posted: 2005-10-14 00:47:14
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that jus interest but reworded, if islam rewards your intentions, why the need for an islamic bank?
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Posted: 2005-10-14 00:53:40
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hi everyone, fiirst tiime im posting here... i tried to read as much of the 80 odd pages as possible, i would just like to say that i am also a good muslim, i would just like to point out there is slight confusion in a few areas even among muslims, but otherwise most of the disccussions have been quite good...
if you would like to ask any questions about Islam, like some others did then feel free to visit
www.towardsislam.com/forum
i mean at the end of the day you dont have to,and its not no encyclopedia, however there is a section for muslim and non-muslim dialogue where people with questions about islam or people who want clarifying in certain ares can ask questions and hopefully they will be answered in a very good manner!
feel free all are wlecome...however please continue this thread hopefully i will also contribute my knowledge!
p.s. you could also look ay my signature...
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Posted: 2005-10-14 00:57:03
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