What is the harm in paying interest to the bank in exchange for a loan to buy a house, especially if that leads to owning the house after a period, just like paying rent which does not result in ownership?
The most dangerous thing to a Muslim's faith is corrupt analogical reasoning ( ), which likens two different things that the has distinguished between. It is the root of every innovation (bid'ah) and corrupt statement. Analogizing usurious interest (riba) to a lawful lease ( shari'ah) resembles the pre-Islamic era's (Jahiliyyah) analogizing of riba to trade, even though Allah Almighty permitted trade and prohibited riba with a definitive text. Riba is definitively prohibited, and analogizing its permissibility to a lease is a grave matter that impugns one's faith, because a lease is a contract of exchange, while a loan is a contract of benevolence and kindness, not intended for profit.
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