Is it permissible to take out an interest-bearing loan to buy an apartment in Canada in order to avoid paying rent, which is considered wasted money?
Source: FtawySummary from Ftawy's records · added here Sep 2, 2026
What you mentioned about these funds being lost due to rent, we do not see it as a justification for dealing in usury. So fear Allah, and He will make a way out for you and make your matter easy for you, as He promised in His Book.
Summary from Ftawy's records · added here
Reviewed by El Fatwa's sharia committee.
Read the full answer on Ftawyhttps://ftawy.com/en/questions/54139
Where this answer came from
- Source platform
- Ftawy
- Original fatwa ID
- 54139
- Added here
- . This is when the answer was added to El Fatwa, not the fatwa's date.
- Text
- Summary from Ftawy's records, reviewed by El Fatwa's sharia committee.
- Read the full ruling
- Read the full answer on Ftawy