I want to build my house but I do not have that much money to do it so can it is permissible for me to take loan because I have one more brother and the house is so small and we have to get marriage and also my father has leaved us and married another woman and living with her so all the responsibilities are on me. So please answer me.
بسم الله الرحمن الرحيم
(Fatwa: 887/883/B=09/1436)
One should avoid taking loan from a bank so far as possible. It lands a man in several problems. It also brings the sin of paying interest. Yes, in case you are in dire need of a house and you are unable to find interest free debt then in compulsion it is allowable to take loan only as much as required.
ويجوز للمحتاج الاستقراض بالربح . (الاشباه)
Allah knows Best!
Darul Ifta,
Darul Uloom Deoband