What is the ruling on taking a loan from the bank to build a house?
Machine translationRead the Arabic original
Question:
He says: I am a person who wants to build a house, and I want a loan from the bank for the amount of one hundred and forty thousand riyals, on the condition that I do not repay it with two hundred thousand riyals. What is the ruling?
Answer:
Do not borrow from the bank; because the bank does not lend to you except with interest, and this is riba (usury or interest), so it is not permissible. The bank does not lend to you a good loan without interest.
He says: I am a person who wants to build a house, and I want a loan from the bank for the amount of one hundred and forty thousand riyals, on the condition that I do not repay it with two hundred thousand riyals. What is the ruling?
Answer:
Do not borrow from the bank; because the bank does not lend to you except with interest, and this is riba (usury or interest), so it is not permissible. The bank does not lend to you a good loan without interest.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم أخذ قرض من البنك لبناء منزل؟ #فتاوى الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.