What is the ruling on taking a riba (usury or interest) loan to purchase a residence?
Machine translationRead the Arabic original
Question:
Is it permissible for me to take a riba loan in order to buy a residence for myself?
Answer:
We ask Allah for well-being. Do you not have a place to live except through riba? Rent, my brother, until you are able to buy, then buy. Rent. Praise be to Allah. Yes.
Is it permissible for me to take a riba loan in order to buy a residence for myself?
Answer:
We ask Allah for well-being. Do you not have a place to live except through riba? Rent, my brother, until you are able to buy, then buy. Rent. Praise be to Allah. Yes.
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم أخذ قرض ربوي لشراء مَسكن؟ لمعالي الشيخ صالح الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.