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Is it allowed to take profit by selling a house , purchased on the basis of RIBA ,(Convetional mortgage system).

Answered according to Hanafi Fiqh by Askimam.org

Is it allowed to take profit by selling a house , purchased on the basis of RIBA ,(Convetional mortgage system).

Answer

Even if you purchased a house on the basis of the conventional mortgage system, you are the Shar’ee owner of the house. You may sell the house at a profit if you wish.

and Allah Ta’ala Knows Best

Mufti Muhammad Kadwa
FATWA DEPT

CHECKED & APPROVED: Mufti Ebrahim Desai

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

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