The Majlis Archive
Finance - Banking - Business The Majlis Vol 26 No 12, p.11

A house was bought by a relative with only interest money.

Question

A house was bought by a relative with only interest money. What is the status of this house? If it is hired out, will the rent be halaal?

Answer

The property bought with interest money is haraam. It is haraam to live in that house. The rental income will be haraam. The house and all proceeds from it must be compulsorily given away as Sadqah to the poor without an intention of gaining thawaab.

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The Majlis Vol 26 No 12
PDF page
11

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Appears under THE HUSBAND DENIES ISSUING TALAAQ. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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