Taking interest bearing loan.

Answered according to Hanafi Fiqh by

Assalamu alaikum,. I have researched this dilemma on the internet and have yet to come to an understanding. Some say it is permissible to a degree and some say it is not permissible at all. It is as follows: My wife, my son and I live in a small home. It strains our “nerves”, and sometimes causes arguments. Her Mother and Father will be coming to live with us soon. We need a larger home. Is it permissible to get a loan by conventional (US) methods with interest, with the intent on converting it to a Non-Riba loan in the future (Set time 5 years) we CAN do this but not now. Most require 20% down, and it would take us time we do not have to accumulate the 20%. If we rent we loose on the conversion (taxes) from going from a owned home to a rented one. I have checked all other avenues (Broker, Friends, Family) and their are no other feasible options. wa salaam


It is not permissible to take out an interest bearing loan based on the details of your question.

and Allah Ta’ala Knows Best

Mufti Ebrahim Desai

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This answer was collected from, which is operated under the supervision of Mufti Ebrahim Desai from South Africa.

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