Is it permissible to take a loan from an Islamic bank in order to build a house?
Machine translationRead the Arabic original
The questioner : A man wants to build a house, so he went to the Islamic bank, wanting to take from it to buy goods, as they say, like cement and iron and so on, so that he can build his house. Is that permissible for him? Is that permissible for the bank?
The questioner : Is that permissible for the bank? Yes, the matter is clear and does not need clarification.
The Shaykh : I mean, you are going to clarify murabahah now...
The questioner : We are asking about the reality now, not about murabahah.
The Shaykh : You must, no problem, stay with them, you, clarify the murabahah that they call murabahah, okay? And I think you got the answer, that this is not murabahah, but they call it murabahah, like the main title, what is the name of the bank?
The questioner : Islamic.
The Shaykh : Islamic, a name, but do you think is this a name that matches its reality or a name that does not match its reality?
The questioner : I think it is a name that does not match its reality.
The Shaykh : Like Islamic anthems, are there Islamic anthems? Islamic socialist anthems, have you heard of them?
The questioner : Islamic arts.
The Shaykh : Islamic arts, and that is why Islamic arts entered the mosques, yes.
The questioner : Is that permissible for the bank? Yes, the matter is clear and does not need clarification.
The Shaykh : I mean, you are going to clarify murabahah now...
The questioner : We are asking about the reality now, not about murabahah.
The Shaykh : You must, no problem, stay with them, you, clarify the murabahah that they call murabahah, okay? And I think you got the answer, that this is not murabahah, but they call it murabahah, like the main title, what is the name of the bank?
The questioner : Islamic.
The Shaykh : Islamic, a name, but do you think is this a name that matches its reality or a name that does not match its reality?
The questioner : I think it is a name that does not match its reality.
The Shaykh : Like Islamic anthems, are there Islamic anthems? Islamic socialist anthems, have you heard of them?
The questioner : Islamic arts.
The Shaykh : Islamic arts, and that is why Islamic arts entered the mosques, yes.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.
