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The question

Is it Islamically permissible to mortgage an orphan's house for a bank loan with interest?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

This transaction is not permissible in Islamic law because it involves dealing with an interest-based institution founded on usury, and it explicitly contains usury and interest-bearing loans. As for mortgaging a jointly owned home or other property with the consent of the partners, there is no objection to it if it is part of a permissible transaction free from usury. However, if the transaction is unlawful, mortgaging is not permissible, even with the partners' consent.

Summarized from the full answer at Ftawy · imported

Read the full answer on Ftawy
Source platform
Ftawy
Original fatwa ID
51270
Imported
Translation status
Source text, unreviewed
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