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Home loans and working for a bank

Answered as per Hanafi Fiqh by Muftionline.co.za

Q:

1. Is a bank job permissible or not in Islam which is related with interest? If not, can the salary be used for parents hajj? There is no other money besides this salary?

2. Is taking a housing loan permissible?

Bismillaah

A:

1. Refer to http://muftionline.co.za/node/2870

2. Refer to http://muftionline.co.za/node/2088

And Allah Ta’ala (الله تعالى) knows best.

Answered by:

Mufti Zakaria Makada

Checked & Approved:

Mufti Ebrahim Salejee (Isipingo Beach)

This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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