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Is it halal to rent property to a bank in Islam?

Answered as per Hanafi Fiqh by Muftisays.com

I would like to know if it is permissible in Islam to rent once property to bank ?



Al-jawab billahi at-taufeeq (the answer with Allah’s guidance)

It will not be permissible to rent out a property to the bank.

Allah Ta’ala says,

“And do not co-operate in sinfulness and transgression. Have fear of Allah, for Allah is Stern in retribution.” (5:2)

The bank will use the place for dealing in Riba (interest), which is Haram. Renting a property to the bank is helping them in something Haram and sinful.

And Only Allah Ta’ala Knows Best.

Moulana Qamruz Zaman
London, UK

Original Source Link

This answer was collected from MuftiSays.com, based in London (UK). It is one of the fruits of Darul Uloom London. Many ‘ulama are involved in answering the Q&A on the site, including: Shaikul Hadeeth Mufti Umar Farooq Sahib, Mufti Saifur Rahman Sahib, Mufti Abdullah Patel Sahib, Maulana Qamruz Zaman Sahib, Mufti Abu Bakr Karolia Sahib.

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