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Question # : 22922

India

One of my close relative works in bank as a manager. he wants to purchase a home in share with me for the purpose of investment.is it jayez to share with him and use that home for living for the time it sale.

Answer : 22922

Published on: Jul 21, 2010

بسم الله الرحمن الرحيم


(Fatwa: 1064/864/B=1431)

The hadith curses those who take interest, pay interest, record it, check it and bear witness to it. Hence the income of such person is not lawful to be used by guest too. One should avoid the partnership of such person in purchasing a house. If that manager has any other lawful source of income other than bank and that income is more than the income of bank, then it is allowed to share with him.


Allah knows Best!


Darul Ifta,
Darul Uloom Deoband

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