Dear Muftisab, I have huge loans from the bank and have a lot of difficulty of paying the same. I am praying to allah to resolve me of my difficulties of finishing up the loans to the bank. I have a building in which there are 2 floors vacant and i have refused to let out the building to the banks because thier income is from interest. I would like to know “can I give the building to the bank and take the income and finish of the loans which are prevailing ” is it allowed in islam. Please let me know at your earliest. Regards, Irfan Bandukwala
Answer
(Fatwa: 1326/L=397/tl=1431)
You can rent your building to the bank; but it is not better.
Allah (Subhana Wa Ta’ala) knows Best
Darul Ifta,
Darul Uloom Deoband