What is the ruling on taking a riba (usury or interest) loan to buy a house?
Machine translationRead the Arabic original
Question:
A questioner says: I am a married man, and I live in a rented house. Is it permissible for me to take a loan from a riba bank, even though it includes interest?
Answer:
It is not permissible for you to take out a loan involving riba (usury or interest); this is forbidden. It is severely forbidden. Whether for a house or for anything else, riba is not permissible under any circumstances. You must seek a way other than riba, such as interest-free loans from your friends or your brothers, or the owner of the house can give you time.[Al-Baqarah 2:280] He is required to give you time until you obtain the money you will pay him.
A questioner says: I am a married man, and I live in a rented house. Is it permissible for me to take a loan from a riba bank, even though it includes interest?
Answer:
It is not permissible for you to take out a loan involving riba (usury or interest); this is forbidden. It is severely forbidden. Whether for a house or for anything else, riba is not permissible under any circumstances. You must seek a way other than riba, such as interest-free loans from your friends or your brothers, or the owner of the house can give you time.
And if someone is in hardship, then [let there be] postponement until [a time of] ease.
وَإِن كَانَ ذُو عُسْرَةٍ فَنَظِرَةٌ إِلَىٰ مَيْسَرَةٍ
Source
قناة «العلامة الدكتور صالح الفوزان»، ما حكم أخذ قرض ربوي لشراء منزل؟ #فتاوى الفوزان — youtube.com
The Arabic text is a machine transcription of the audio recording.