Due to my family getting increase, my home is becoming conjusted and difficult to stay. I have two elder brothers both have got married and having there kids. Myself is still single and planning to get marry in the next year. I want get a flat or build new house but i don’t have that much money. So can i take loan from bank? In this condition is it allowed for me?
Answer:
It is not permissible for you to take out an interest bearing loan for the purpose mentioned by you.
and Allah Ta’ala Knows Best
Mufti Ebrahim Desai
FATWA DEPT.