Can we borrow from an interest-based bank for housing out of necessity after failing to find a rental?
Machine translationRead the Arabic original
The questioner : Can we borrow from an interest-based real estate bank for housing out of necessity after failing to find a rental? And what are the specific cases of necessity in this situation?
The Shaykh : It is not permissible, even if one were to live in the open; how much less so when one is living in a rented house? Necessities, although they permit the prohibited, are estimated according to their degree. Just as thousands live by renting, it is sufficient for him to live in the same way. It is not permissible, on the excuse that he wants to live in a house he owns, to make lawful what Allah has forbidden, namely riba (usury or interest).
The questioner : If he could not find a rental?
The Shaykh : What is it?
The questioner : If he could not find a rental?
Another questioner : He could not find a rental.
The Shaykh : Where is he living?
Another questioner : I mean, he takes a tent.
The Shaykh : I told you: even in the open, even in the open.
The questioner : I mean, a tent...
The Shaykh : He manages his affairs. I do not see any civilians who have become Bedouins because they could not find a place to live.
The questioner : No, Professor, the issue is when a person is living in a place and has ten thousand, and he takes a house worth fifteen thousand, so he describes his situation as being in dire necessity. He goes and takes five thousand to complete the ten thousand, and says: this is dire necessity. He has ten thousand and is living in a rental; this is dire necessity. So who is not in dire necessity?
The Shaykh : Hmm.
The Shaykh : It is not permissible, even if one were to live in the open; how much less so when one is living in a rented house? Necessities, although they permit the prohibited, are estimated according to their degree. Just as thousands live by renting, it is sufficient for him to live in the same way. It is not permissible, on the excuse that he wants to live in a house he owns, to make lawful what Allah has forbidden, namely riba (usury or interest).
The questioner : If he could not find a rental?
The Shaykh : What is it?
The questioner : If he could not find a rental?
Another questioner : He could not find a rental.
The Shaykh : Where is he living?
Another questioner : I mean, he takes a tent.
The Shaykh : I told you: even in the open, even in the open.
The questioner : I mean, a tent...
The Shaykh : He manages his affairs. I do not see any civilians who have become Bedouins because they could not find a place to live.
The questioner : No, Professor, the issue is when a person is living in a place and has ten thousand, and he takes a house worth fifteen thousand, so he describes his situation as being in dire necessity. He goes and takes five thousand to complete the ten thousand, and says: this is dire necessity. He has ten thousand and is living in a rental; this is dire necessity. So who is not in dire necessity?
The Shaykh : Hmm.
Source
www.al-albany.com
The Arabic text is copied verbatim from the original source, without any edits.