Transactions & Dealings >> Interest & Insurance

Question # : 156104


I made a house by bank loan. The bank will take EMI for a long period so nowadays what can I do?

Answer : 156104

Published on: Nov 19, 2017

بسم الله الرحمن الرحيم

(Fatwa: 217/183/M=2/1439)


In the above mentioned case, pay all the installments of bank as soon as possible and be free while doing taubah and istighfar regularly, and in future avoid taking interest based loan.

Allah knows Best!

Darul Ifta,
Darul Uloom Deoband

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