Assalamualaikum,
I am presently living with my daughter & son-in-law in a 1 bedroom rental house very conjustedly. It is very conjugated how we live. It is difficult to get and rent a big house with the present income.In these circumstances we wanted to buy a home taking loan. Please give us advice.
Jazakallah
الجواب وباللہ التوفیق
It is not permissible to take an interest-based loan to buy a house. However, Devon Bank is certified by the Shariah Board and serves the loans in the light of the Sharia’t, hence, this bank may be contacted in this regard.
والسلام