Transactions & Dealings >> Interest & Insurance
Question ID: 149005Country: INDIA
Answer ID: 149005
Bismillah hir-Rahman nir-Rahim !
(Fatwa: 706/695/M=6/1438)
In the question mentioned above you may buy that house from that person after fixing the price but instead of paying the rest amount to the bank you should pay to that person so that there is no helping from your behalf in paying interest. Further, if the person pays the loan of the bank with that amount then its sin will be on that person in case he has taken the loan without a Shariah compulsion. However, there is no harm for you to buy that house and you may pay the whole amount to that person.
Allah (Subhana Wa Ta'ala) knows Best
Darul Ifta,
Darul Uloom Deoband, India