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Question # : 24638

India

Dear Muftisab,

I have huge loans from the bank and have a lot of difficulty of paying the same. I am praying to allah to resolve me of my difficulties of finishing up the loans to the bank.

I have a building in which there are 2 floors vacant and i have refused to let out the building to the banks because thier income is from interest.

I would like to know "can I give the building to the bank and take the income and finish of the loans which are prevailing " is it allowed in islam.

Please let me know at your earliest.

Regards,

Irfan Bandukwala

Answer : 24638

Published on: Aug 18, 2010

بسم الله الرحمن الرحيم


(Fatwa: 1326/L=397/tl=1431)

You can rent your building to the bank; but it is not better.


Allah knows Best!


Darul Ifta,
Darul Uloom Deoband

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