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﴿ فَاسْأَلُوا أَهْلَ الذِّكْرِ إِن كُنتُمْ لَا تَعْلَمُونَ ﴾

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What is the ruling on selling a real estate loan?

Machine translationRead the Arabic original
The questioner:
May Allah reward you, Honorable Shaykh. This questioner says: A man bought a real estate loan with a car, knowing that more than two years remain on the loan.

The Shaykh:
Yes, a man.

The questioner:
He bought the real estate loan with a car.

The Shaykh:
The real estate loan.

The questioner:
Yes, a man bought the real estate loan with a car.

The Shaykh:
It is not permissible to sell a real estate loan; selling a real estate loan is not permissible, because it is given to a person in need to build a house in which to live. Is it permissible to use it for trade, buying, and selling? This is contrary to the purpose for which the loan was given. Yes.
Source قناة «العلامة الدكتور صالح الفوزان»، [573 -858] ما حكم بيع القرض العقاري؟ - الشيخ صالح الفوزان — youtube.com

The Arabic text is a machine transcription of the audio recording.

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