The ruling on buying a house with a bank loan
Machine translationRead the Arabic original
Question:
Honorable Shaykh! The questioner says: My son wants to buy me a house, and with a bank loan. Is this lawful or forbidden, knowing that I have my husband’s house (may Allah have mercy on him)?
Answer:
This is forbidden. He buys from the bank; the bank does not give anything except with riba (usury or interest). The bank does not lend except with riba. It is not permissible for him to take riba in order to buy a house. He should rent a house until Allah makes it easy for him, and then he buys and owns it. As for the present time, he passes through his situation by renting and does not resort to riba. Yes.
Honorable Shaykh! The questioner says: My son wants to buy me a house, and with a bank loan. Is this lawful or forbidden, knowing that I have my husband’s house (may Allah have mercy on him)?
Answer:
This is forbidden. He buys from the bank; the bank does not give anything except with riba (usury or interest). The bank does not lend except with riba. It is not permissible for him to take riba in order to buy a house. He should rent a house until Allah makes it easy for him, and then he buys and owns it. As for the present time, he passes through his situation by renting and does not resort to riba. Yes.
Source
شرح بلوغ المرام من أدلة الأحكام [ صالح الفوزان ]، تتمة باب البر والصلة — islamhouse.com (1:01:07)
The Arabic text is a machine transcription of the audio recording.