The profit from selling an apartment purchased with riba (usury or interest) installments
Machine translationRead the Arabic original
Question:
He says: May Allah protect you, a repentant man had purchased an apartment with riba (usury or interest) installments from the bank. Now the apartment is being sold and the bank is being paid off, and there may be a profit in the sale. Is it permissible for him to take from the profit?
Answer:
By Allah, this is based on riba (usury or interest). He should give in charity what comes to him from this money, along with repentance to Allah the Exalted. Yes. He is not giving it as charity, but rather he is getting rid of it. He is getting rid of this money; it is not charity, and its origin is forbidden, so it cannot be charity. But he gets rid of it by placing it in places that benefit the Muslims. Yes.
He says: May Allah protect you, a repentant man had purchased an apartment with riba (usury or interest) installments from the bank. Now the apartment is being sold and the bank is being paid off, and there may be a profit in the sale. Is it permissible for him to take from the profit?
Answer:
By Allah, this is based on riba (usury or interest). He should give in charity what comes to him from this money, along with repentance to Allah the Exalted. Yes. He is not giving it as charity, but rather he is getting rid of it. He is getting rid of this money; it is not charity, and its origin is forbidden, so it cannot be charity. But he gets rid of it by placing it in places that benefit the Muslims. Yes.
Source
نعمــة الأمـن — alfawzan.live (39:15)
The Arabic text is a machine transcription of the audio recording.