The ruling on benefiting from the rent of a house built with an interest-bearing loan
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The ruling on benefiting from the rent of a house built with an interest-bearing loan
Is it permissible to take the rent of a house that was built through an interest-bearing bank?Meaning: Is it permissible to benefit from the rent of a house he built using a loan he took from an interest-bearing bank? Is the rent itself lawful?
For example: If a person built his house through an interest-bearing loan and you want to rent the house, there is nothing wrong with that and there is no obstacle.
The questioner: I mean, O Shaykh! Is it permissible for the owner of the house to take the rent for this house and benefit from it?Answer: There is nothing wrong with it. He should repent to Allah (Mighty and Majestic) and give out the interest he took, because in reality he is the wronged party. An excess was taken from him, and he is not one who consumes interest, but rather one who is forced to consume it. The one who is forced to consume interest has only to repent;Because the interest did not enter into his possession, so that we would say: he should give it out.
Is it permissible to take the rent of a house that was built through an interest-bearing bank?Meaning: Is it permissible to benefit from the rent of a house he built using a loan he took from an interest-bearing bank? Is the rent itself lawful?
For example: If a person built his house through an interest-bearing loan and you want to rent the house, there is nothing wrong with that and there is no obstacle.
The questioner: I mean, O Shaykh! Is it permissible for the owner of the house to take the rent for this house and benefit from it?Answer: There is nothing wrong with it. He should repent to Allah (Mighty and Majestic) and give out the interest he took, because in reality he is the wronged party. An excess was taken from him, and he is not one who consumes interest, but rather one who is forced to consume it. The one who is forced to consume interest has only to repent;Because the interest did not enter into his possession, so that we would say: he should give it out.