The Ruling on Buying a Loan from the Real Estate Fund
Machine translationRead the Arabic original
Question:
What is the ruling on buying a loan from the Real Estate Fund, for example, for fifty thousand, where they assume the loan and pay it off?
Answer:
This is not permissible. This is selling dirhams for dirhams. This is not permissible. This is riba (usury or interest). Yes.
What is the ruling on buying a loan from the Real Estate Fund, for example, for fifty thousand, where they assume the loan and pay it off?
Answer:
This is not permissible. This is selling dirhams for dirhams. This is not permissible. This is riba (usury or interest). Yes.
Source
شراء القرض من الصندوق العقاري — alfawzan.live
The Arabic text is a machine transcription of the audio recording.