{"id":6600,"date":"2024-07-10T07:43:37","date_gmt":"2024-07-10T07:43:37","guid":{"rendered":"https:\/\/al-mawrid.org\/questions-en\/2024\/07\/10\/paying-interest-and-home-loans\/"},"modified":"2024-07-10T13:20:55","modified_gmt":"2024-07-10T13:20:55","slug":"paying-interest-and-home-loans","status":"publish","type":"post","link":"https:\/\/al-mawrid.org\/questions-en\/paying-interest-and-home-loans\/","title":{"rendered":"Paying Interest And Home Loans"},"content":{"rendered":"<h3>Question<\/h3>\n<p>Is  it permissible for the Muslims living in western societies (Australia  in my case) to use interest based finical products, such as home loan?  Some people say that it (home loan) is totally <em>haram<\/em>. But we seem  to have no other option. After all, we need to buy a house of our own.  We can&#8217;t pay rent for the rest of our lives, can we!<\/p>\n<h3>Answer<\/h3>\n<p>We  believe that we can take loan on interest. In Islam taking interest is  prohibited and paying it is not. In fact the Qur\u2019an terms those who have  been subjected to pay interest as <em>mazloom<\/em> (oppressed). For detail please refer to: <a href=\"http:\/\/al-mawrid.org\/pages\/articles_english_detail.php?rid=467&#038;cid=385\">http:\/\/al-mawrid.org\/pages\/articles_english_detail.php?rid=467&#038;cid=385<\/a><\/p>\n<p><strong>Answered by:<\/strong> Tariq Mahmood Hashmi<\/p>\n<p><strong>Date:<\/strong> 2015-02-28<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"6600\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorite <i class=\"sf-icon-star-empty\"><\/i><\/button>","protected":false},"excerpt":{"rendered":"<p>Is  it permissible for the Muslims living in western societies (Australia  in my case) to use interest based finical products, such as home loan?  Some people say that it (home loan) is totally <em>haram<\/em>. But we seem  to have no other option. After all, we need to buy a house of our own.  We can&#8217;t pay rent for the rest of our lives, can we!<\/p>\n","protected":false},"author":1,"featured_media":14147,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1169],"tags":[2456,1212,1213],"class_list":["post-6600","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-issues","tag-home","tag-interest","tag-loan"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Paying Interest And Home Loans - Al-Mawrid Queries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/al-mawrid.org\/questions-en\/paying-interest-and-home-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paying Interest And Home Loans - Al-Mawrid Queries\" \/>\n<meta property=\"og:description\" content=\"Is it permissible for the Muslims living in western societies (Australia in my case) to use interest based finical products, such as home loan? 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