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Selling or renting one’s premises to a bank

Answered as per Hanafi Fiqh by Muftionline.co.za

Q: I live in India. I own a shop. I have to sell it. Can I sell it to a bank or can I give the shop on rent to that bank. Will it he halal for me?

Bismillaah

A: Don’t sell or give it on rent to a bank.

And Allah Ta’ala (الله تعالى) knows best.

Answered by:

Mufti Ebrahim Salejee (Isipingo Beach)


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This answer was collected from MuftiOnline.co.za, where the questions have been answered by Mufti Zakaria Makada (Hafizahullah), who is currently a senior lecturer in the science of Hadith and Fiqh at Madrasah Ta’leemuddeen, Isipingo Beach, South Africa.

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