Will I ever get to buy a house?

Selam alekum,

My husband and I have been living in the States for over 10 years. For a long time, we have wanted to buy a house but we didn't want to start our lives with a wrongful act (interest loans). But now, paying high rent and putting only some aside, it feels like only at deathbed we'll be able to own a home. We have asked different local imams about buying a house on interest and we got different views. So, I was wondering....
1) Is it considered haram to buy a house, even if we plan to live all our lives in the US?
2) If so, are there any companies that offer interest free loans for muslims in my situation?
3) What other options do I have?

Thank you very much!

Have taken home loan want to close IT.

Dear Brothers and Sisters As Salam walikum.

I have taken a flat in Bangalore via home loan around 2 years back, Now i have decided it to make interest free by way on rent sharing where in i am willing to pay 50 percent of the rent we receive. If any one interested can reach me @ vegmens@yahoo.com.
I have loan of around 13 lac.

Jazak Allah Hu Qaira

buy a house


I want to buy a house in Indonesia, but my ability to financially is limited, and I wanted to do the submission of loan money without interest for Muslim brothers. Can anyone help?

Wa'alaykum salam,


Shared home financed in Canada

Hello brothers,
I have an idea to buy interest free homes in Canada. If we can create a pool of people who can invest in Home Buying of one of the members and then the process continues for all of them who need to buy a home and don't want to pay interest, like myself.

I know, practically, there would be many hurdles but still for such a bigger cause, if we could work sincerely and honestly towards the cause, we can slowly but surely reach to that goal.

We can use lottery(for the lack of better word) type of system to decide whose home will be bought first. As the pool gets larger, we can collect money for multiple homes and then pay all of it as a lumpsum.

I have details of the idea in my mind so if anyone interested, drop me an email at ksjarral82@yahoo.com.


Shared home financed in Canada

Assalamo Alaikum brother Muhammad,
I'm glad to read your post and would like to appreciate and be part of your idea. Please let me know further details and how many a month one has to contribute. you can either email or can call me as well.
Jaza k' Allah

Muhammad Umair Suri
Mississauga, ON canada

free interest loan for bank

I am syed iftekar Ahmed Staing India (Hyderabad,Andrapradesh) woking as a private employee as a administrative officer in professional collegle since for 10 years. so mai ne ek saal pahele hyderabad me ek chota sa maakan leyatha uski kimat 6 lack me iske liye 1.5 lack muthoot finance se gold loan leyatha us ka interest per month 2300 may ne pay karra ha hu, ek saal se assal amount pura due hai please muje koi without interest loan koi banks hai muje inform kareya aap ki bahut meharbani hogi aur my interest se naajaat pahunga.

My syed iftekar Ahmed

Assistance from South Africa

Salaam my name is Naasir and I'm from South Africa, I'm really looking for the assistance form a private investor to help purchase my house in South Africa, Cape Town.

Is they anyone who can give me guidance or HELP purchasing the property.


want investor for investment on organic agriculture farming


sir/madam iam going to start organic agriculture farming,i have no investment.so those who are interested please invest,iam interested in agriculture farming and i will give share to the investor who invest on my project.so those who are interested please contact me on naseerplv@gmail.com

with regards,

Interest Free Home Loan

I am in need of a Flat in Mumbai.So i am in need of interest free home loan.if any body is there then contact me on taufeeq.ahmad@gmail.com

financial help/qarz e hasna

Dear Brother and Sisters in islam, As salam alikum, All praises due to Allah and may he send his mercy and blessings upon us, i am a businessman in U.A.E. i had taken a few loans for my business after the recession as things had become very hard for me as some of my clients ran away from the country leaving in me in bad financial problems. as my financial burden became more and more i had to sell away my car then my house and now i am still working very hard to overcome my financial problem. i am looking for an investor or partner in my business which is still doing ok Alhamdulila and can get better with the help of injection of funds as we are facing difficulties only in our cash flow. if anybody is interested pls do let me know u can mail me at mnpash@gmail.com. Ma Salam.


Dear Brother,

I am in Muscat and have worked in Dubai for 8 years prior to moving to this place before recession hit the region. I am interested in investing in some sound and fool proof business. I have small amount of Dh.50,000/- as saving with me. I would like to know your business model and whether it interests you or not. I being C.A. can help you even enhance your business plans, if you need my advise.



I am in UK and unable to find any bank who gives sharia compliant car loan. My old car gives me trouble all the time but I cannot afford a new one except if i buy it on instalments. First of all my question is that Quran says that "Those who eat Ribâ will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaitân (Satan) leading him to insanity. That is because they say: "Trading is only like Ribâ," whereas Allâh has permitted trading and forbidden Ribâ (usury). So whosoever receives an admonition from his Lord and stops eating Ribâ shall not be punished for the past; his case is for Allâh (to judge); but whoever returns [to Ribâ], such are the dwellers of the Fire - they will abide therein (275)"

When you take loan, you actualy dont eat riba so how would taking a loan fall into this category.

Can anyone help me find a sharia source of loan.



Cooperate Me!

Dear Folks,

Asslayam Alykhum

I want to buy a house/flat for my parents to stay as we have none and we stay in rented house. I am working but doesn't make enough for me to buy an abode. Please help me to get any information on loan/credit etc to complete my duties in this world.

best regards,
E: ronwaris@yahoo.com


Dear Muslim Rich Muslim Brothers and Sisters
I would like to take loan for buying my owon house but in mumbai india there is a no bank offering loan withought interest.
I request those Muslim companies or individuals who capable to give loanwithought interest plz give me at least ten to fifteen lac indian rupees.
As i am an employ at a company i can repay the loan in a few years. Their money if does not earn intrest (which is totaly haram) will indeed earn reward and they will be helping hands for those who do not want to indulge in haram. This noble act may cause for them to enter paradise.
Please get back to me on my e mail icdmediazone@gmail.com if you realy want to help me keep from haram and get everlasting reward from Allah.
0091 9028652662

Home loan

Assalaamu alaikkum ,

I had taken 10L loan for purchase new flat. As I was not aware that time, now I want to transfer the loan so that I should not pay interest. I am not interested to pay interest to banks. But i am having the capability to repay the loan every month without fail. I am working as a senior software engineer in a Mulinational company since 7 years.If anybody know any contact or interested to help please let me know.(please mail me to abbasashaikh@gmail.com)

Thanks in advance,

Business loan

Hi brother and sister
Assalamu Alai Kum,

I have started my business in 2011 till now i got huge customer and projects in my hand but without the money i am help less to full fill this project. so pl help me some money as loan sum of 5 lakh to 10 lakh. i will return the money as soon as possible or became the partner of my business.

Our office is located in rt nagar bangalore.

plz mail me siddque@bonafidecomputer.com

Business loan

Hi brother and sister
Assalamu Alai Kum,

I have started my business in 2011 till now i got huge customer and projects in my hand but without the money i am help less to full fill this project. so pl help me some money as loan sum of 5 lakh to 10 lakh. i will return the money as soon as possible or became the partner of my business.

Our office is located in rt nagar bangalore.

plz mail me siddque@bonafidecomputer.com


These guys are the worst Islamic organization in North America. They make bogus fatwas so major food slaughter corporations (ahem Maple Lodge) can give them kickbacks even though they are downright going against Zabiha due to their machine cutting techniques. On top of that, their housing corporation is a goddamn scam. They take your money and keep you hostage. You end up paying an obscene amount MORE than what you paid for the house at the end of your amortization period. Then when you are ready to pay off the house, they ask for another 10 to 20% of the MARKET RATE of your house??? This is not 'shariah compliant' this is loan-shark like mentality. Hate to say it, you are better off dealing with a bank than these criminals. dont make the mistake some of my family members have made.

investment required for a profitable business in india sharia wa


I'm looking for a Good muslim partner , who is ready to invest US$ 2,00,000 for a school project in india.

Not interested to take a loan from Bank , i can share the profit.

Please contact lramanathan@rediffmail.com


Need Interest free loan for buying house

Assalaamu alaikkum (varah),

I am in a need of 25L to buy a house. I am not interested to pay interest to banks. But i am having the capability to repay the loan every month without fail. I am working as a senior software engineer in a Mulinational company.If anybody know any contact or interested to help please let me know.(please mail me to kithir@gmail.com)

Thanks in advance,

Looking for Home Loan India


I also looking home loan. How do I full fill this need without riba. Please confirm.


Reg : Availing loan for pursuing higher studies

Assalamu alaikum,

I am currently working as a software engineer. I would like to pursue my higher studies abroad and the cost of the same would approximate to 23 lakh rupees. Kindly let me know regarding this. Please do consider this.

Thanks & Regards.

Reg : Loan for higher studies abroad.

Assalamu alaikum,

I am currently working as a software engineer. I would like to pursue higher studies abroad the cost of which would approximate to 23 lakh rupees. Kindly let me know regarding this. It would be much helpful considering this.

Thanks & Regards,

Need only 15K loan to buy home

My husband is in mechanical engineering design school and working full time. We have 4 young kids and need a house due to kids. We found a foreclosed home selling for 20, 000$ (yes only 20K!) that would satisfy our needs inshaAllah. We already have 5K saved up so we would only need 15K more. Once house is bought we can also maybe get money from family as they will be happy we finally have a house. House will be for sale 3 days and bids will close March 1st at 11:59pm CST inshaAllah, so we would need monies before this to be sent directly to the house seller (we would not handle the money). We can pay back inshaAllah the 15K in 3 years maximum (5K per year, 417.00$/month).

JazakAllahu Khairan.





Need home and start-up for business.

Need a no - interest loan and will pay back. Poor and am no husband. Have children. Desperate. Please email me to help.

Mail me

Mail me

Home loan under the Sharia Way

I would like to know which are the banks in Mumbai offering loans as per the islamic shariah complaint that is without interest. To be in detail the banker should buy the house or land on behalf of us and it should put some profit on the purchased house and sell it to us. In this way paying more amount to the bank becomes legal because we buy the house directly from the bank and it is no more a third party. Please friends i request you all to list out those banks so that i could contact them for further details. Thank You.

Home Loan under Sharia way

Salam Alaykum Brothers,

I have already a loan from conventional bank, I'd like to get rid of this, and replace by "Sharia way" loan. I live in Czech Republic, have stable and halal job (inshaAllah). I do think that there is any Islam bank in Czech Republic., I am looking for some of them in Germany, Austria or other neighboring countries. I am not sure if we can handle this issue from US ,but Allah knows best.
If you have any recommendation to me yo may email to me.

Jazak Allah,


Need Home Loan without interest


Dear Brother And Sisters in Islam,

I need a Interest free home loan of $50000 to fulfill my parents dream of building a house. I am a software developer from bangalore india. Please help me on this. If anyone interested in helping please send me a mail on mudasar.adsysindia@gmail.com or contact me on +91 7259753202

Thanks And Regards,
Mudasar Syed


Assalam alaikum,

Dear Mudassar,

I came across your post to fulfill your parents dreams. Brother it is possible for you to fulfill but i cant promise you anything. I would request you to please be in touch with me i will be in bangalore for 3 days from 23rd March to 25th March 2012. My cell no. 9004050105.

Shahid Sayed

Article about this fatwa

Assalamou alaikom.

I just published an article that talk about this fatwa by sheikh
Qardawi on my Muslim And Money website. I entitled my article:

Why renting a house is better than buying a house in more than 99% of cases.

Please read it and give me your opinions and feedbacks.

Jazakom Allah Khairan.

Sharia compliant loan in Istanbul or London

As salaam alaikum,

I am interested in investing in a property in Itsanbul Turkey and would like to know if anyone can offer some advice? I would like to get some names and details of companies who provide halal loans or investment options.

Jazak'Allah khairan.


Dear sir .

Iam real estate valuation expert in İstanbul
I can help you to finding houses all over İstanbul.Olso ıt will be the best price you can find.

I am working with all local real estate agents in İstanbul.

Best Regards



Knitting is one time investment; it encourages large production

Knitting is one time investment; it encourages large production in less time.

We intend to take a loan for our knitwear project of a $1.000.000 USD. Plant allocation could be left to our Investor, but we have considered this and actually like two places – Dubai or Turkey. We plan to buy knitting machines from NINGBO ZHONGCHENG KNITTING MACHINE CO., LTD. (their address is provided below), Chinese producer. Along with knitting machines we plan to buy some sewing machines, overlocks and coverlocks from European factories, especially in Germany.
During factory set up we would like to ask Investor personal participation, to make all transaction transparent and clear. As soon as we set up the factory and production has started, our Investor can leave the rest of the job to us and we will provide for his funds repayment along with monthly and annual reports. Every transaction will be followed by accountant documents, to avoid anything fraudulent. We are multi-national environment company and plan to work hard toward project success. We plan to work hard and our experienced staff will do an effective job. During summer period we plan supply garments to Australia and other southern-hemisphere countries where the winter period starts.

Our project is in the pre-start stage. Together with Project / Executive Director - Mr. Phillip Edser, we work on new developments for the project until we can find our finances. We want our Investor to see the real picture and decide for himself if he sees that can be a very profitable project. Our Investor can be of any status, we don’t mind a silent partner or personal involvement. We can accept even few Investors. That way we shall form BOARD OF DIRECTORS, where all investors will be involved. Profitability of this business can be read by simple mathematic calculation provided below:

In the case of buying 7 computerized knitting machines, we can make a profit of:
50 pcs / day * 30days = 1,500 pcs - produced by one knitting machine per month
1,500 pcs * 7 machines = 10,500 pcs - produced by 7 machines per month
10,500 pcs * 50 USD = 525,000 USD - sales amount per month

In the case of buying 20 knitting machines, it makes:
50 pcs / day * 30days = 1,500 pcs - produced by one knitting machine per month
1,500 pcs * 20 machines = 30,000 pcs - produced by 20 machines per month
30,000 pcs * 50 USD = 1,500,000 USD - sales amount per month

Profitability of knitting business can be taken form an example – you buy a wool 1 USD each yarn, to make a set of 2 garments it needs 10-15 yarn, thus you spend max 10-15USD for 10 yarns. When the production is finished you sell it 50 USD, thus you get a net profit of 50-10=40 USD. Raw materials we plan to buy in Turkey.

I am ready to give investor 70 percent ownership rights and 30 remains mine, thus you will be sure its your property until I will pay your funds and interests
Ready to accept personal involvement of investor initially when we set-up that factory, than you can be silent or work actively with us.

Looking forward to hear from you soon


Salam aleykum! I am

Salam aleykum!

I am interested in Sharia-Compliant home financing program. Where can I find out about it.

Thank you.I am interested in Sharia-Compliant home financing program. Where can I find out about it.
como bajar de peso

dietas para bajar de peso en una semana

shed plans

Well I don’t have much

Well I don’t have much knowledge on this but it’s all depending individually. What I think personally is not matters for others, and if I have a solution for everyone than only its okay. Although really nice information, thanks. Cremation Jewelry

Do You Need Loan To Setup Business or Other Things?

Dear Customer, are you in need of loan? who have difficulty obtaining working capital loans from local banks other financial institutions?, credit scores £ or dollars, get out of financial trouble today and get funding for projects that dream today with a low interest rate of 3 % for five (5) year. We give out loans ranging from US$10,000 to US$12 .Million to individuals and companies who are in need of credit / financial assistance, pending on your motive of application

We are a financial power house and we believe in helping
people and co-operate, get a loan from us today. if this
proposal is acceptable to you

Contact George Morina. georgemorina@oath.com


Dear Sir,

I live in Morocco and has an import:export business in Mauritius.I have already started trading between Mauritius and Morocco but due to lack of funds,I cannot invest in a boutique in Morocco.I wanted to open a boutique where I would sell clothing,cosmetics and also export moroccan products to Masuritius.

I am now stuck as the start of my business in Mauritius has been slow;I have a cash flow problem now as I need to pay for my house rent,food,child education,etc and things seems very difficult.

Would you be able to help me to come out of this problem.Business is good in Mauritius and Morocco but i need proper finance.I do not have any personal property to put as guarantee as well,so i cannot turn to local banks.

I have had to quit my job In Mauritius to follow my wife who is moroccan and my little son of Five years old.

Please help me.

Thanks & Regards

Mohammad Feizal Golaup

Personal Loan Request


I am attempting to find a individual or company, that is willing to loan me $10,000.00; personal loan. Purpose of loan would be to purchase livestock, goats and sheep at local livestock auctions here in South Georgia USA and sell them direct to Halal Slaughter House. I already own truck, livestock trailer and have general knowledge of operating such business. I have lived here in Rural South Georgia for 50 Years. I would need to repay the loan by making monthly payments for 60 to 72 months. I am willing to pay lender interest or share monthly profit percentage-in place of paying interests. I am sincere and in need of financial assistance. Please reply with your terms. My email address is: wyn_dar@yahoo.com

Any advise, comments and help, will be greatly appreciated. Have a Blessed Day!

Wendell P. Mason
118 Powell School Road W
Lumber City, GA 31549-3116

Riba (a curse)

This article comes from IslamBank.Community:: Easing the Burden on Humanity :: Home of Gen M - The Interest-Free Generation

The URL for this story is:

Riba (a curse)
Date Sunday, October 27 @ 12:07:46
Topic Debtors Anonymous

Dear Sir,

I am sending you my personal experience with Riba problem. You can edit and can publish for information of others but without mentioning my name, please.

What happened to me is a lesson to others.

I am a lower middle class Muslim man residing in a Muslim state. I have no my own house nor I have any business or any other source of income except my monthly fixed salary. My family consists on my wife, a daughter and 3-son (1-infant and 2-school going). My daughter is in 7-grade school whereas 2-sons are in grade 5 and 1. I am living in a rented house. I am working with a private firm in administration. Prior to joining the private service, I was office assistant in a government department from where I was compulsory retired on medical grounds. As I am a chronic psoriasis patient with 95% body patched with psoriasis, regularly and continuously itching, irritating, burning and bleeding. This is not curable. Only preventive medication is possible which is too much costly & expensive. I have to look after my family being single source of earning.

For treatment and for the education of my children I used credit cards with all limits to overcome my financial debt. After that, I un-heartedly got a personal loan from a local bank which was on a very high interest rate (riba rate). From that very first day my problem starts. I can say my mistake started giving me the reward in shape of increasing my financial liabilities. In the first month I felt ease but real problem started from the second month when I started paying back the installments. When I took payable money from my salary (which was already low), there left hardly money for 1-week leaving nothing for house-rent, school fee and utility bills.

Resultantly, I started borrowing from relatives and friends and increased another liability. But there was nothing else to me to run the kitchen. During this period my children some time could not took lunch and some nights slept without dinner.

I think this is all due to my mistakes and ignorance from Quran and Islamic teachings. I am a white collar man could not tell real problems to my relatives and friends. I tried to get interest Free Loan (original Loan returnable on availability) but could not succeed. Now I am living in a very worst life having number of financial liabilities which is about 4000 US Dollars. This is all due to Riba and my wrong planning but there is cry to over split milk.

However, I have decided not to go for Riba business in future what so ever reasons thereof. I would like to ask and advise my fellow brothers and sisters not to go for Interest based (Riba) business especially the bank loans because it is a curse. You can never be out of it like me. You will lose your all comforts and will live in stress all the time.

You will not only face problems in this world but after-world on the Day of Judgment.

At the end I would like to request you and my fellow brothers and sisters to kindly help me out with some financial assistance out of your pious earnings so I can come out of my financial crises and able to smoothly educate my daughter and 3-son and payback all my debts.

Those who wish to help me out, can contact to me through IslamBank.Com or directly mail me (e-mail: mr10458@hotmail.com) for more details and verifications.

With regards


[Name Withheld at The Request of IslamBank.Community Member.]

I found it difficult to even attempt editing this Muslim Man's detailed description of the living Hell his family experiencing. Beyond the italics and boldface text formatting, the story is posted as it was submitted.

If you wish to communicate with the brother whose story this is, please email him directly at his email listed at the end of the story or simply post a comment to this story.

Sheikh Qardawi never give any fatwa

Sheikh Qardawi never give any fatwa about baying house with Riba and he reject in London,

True Sharia based home financing

Assalamu Aleikum,

Check this new program http://halalinc.com - it details what other programs do and how to recognize a true sharia based program from those that pretend to be. The program is 100% debt free and mortgage free and is 100% sharia based. There is no loan whatsoever involved so no question about riba, and you are invited to ask any scholar you wish.

Wassalamu Aleikum

Salam, Many Thanks for this


Many Thanks for this link, do you know more of such companies.

buying a house with out a loan from bank

salamou alaykoum ,
we are a familly of 4 my self my husband and my 2 sons we would like to buy a house because of our old son , he is 8 years old and he have autism he is so hyper its inpposible to live in an apartement with him , we are renting a house and we are paying alot but there is nothing we can do the loan from the bank is haram so please if some body have any idea how to help contact us at soumia_riyad@hotmail.com
jazakom allah

I live in Sydney and no idea

I live in Sydney and no idea about purchasing a house for us for living permanently (interest free loans).
Can anyone guide please.

Investment oppurtunity in San Ramon , California, USA

Brothers & Sisters in Islam,


There is 5 acre plot in San Ramon, california that is for sale. muslims
can group and buy this land. This is a prime spot (upscale)and schools in this
area all are above 900 API rating.
There is a Islamic center coming up in 5 mile drive area.
I have not done a complete study on All logistics and will be encouraged
to do if investors are interested.


Home financing through grouping

Brothers and Sisters in Islam,

I am also interested to buy a house with interest free loans and I have done lot of research and I have heard various scholars speeches, some saying halaal and some saying haraam. Bottom line is the Islamic financing companies get their money from Fannie Mae and other lenders and these lenders need profit at any cost.

So if we are all really interested to buy a house we may be able to buy a house in another five years if we plan correctly now.

All the muslim brothers and sisters can pool the money and provide money to one brother/sister to buy a house. Now when i say pooling the money. Each individual can pool in $10000 and with 20members we can get $200000 and a house is bought. We can have like a lucky draw and whos name comes first can buy the house and ALLAH will help. We can also get suggestions from other brothers/sisters about this.
We can work out the monthly rent payment arrangement and I have a feeling that muslims living around Globe are sincere and committed due to the work ethics and the honest environment around. We can get a attorney to have a strong written agreement so that the transaction is purely islamic. Initially we may be able to buy only one house but if the numbers increase exponentially buying house without interest will become easy.
We are wasting time by just thinking of buying house islamically and reading the forums but not thinking positively and moving ahead.
All the brothers and sisters on this forum needs to group up and think positively. If we start this process now it may be within 2-3 years that this process will bear fruits.

I have heard Ghassan barqawi CD on how to buy a house Islamically. The scholar is not giving a solution and by listening to Jamal Badawi I got an idea of grouping muslim brothers and sisters and buying a house for an individual. The persons who are grouping can be investors of prospective buyers.
Now in this process there is no room for losing the money. The only time we will lose the money is when the property prices will go down. And this loss is from ALLAH.
So think seriouly and share your thoughts. A handful of people can make a big difference and we can form a society though we are living all around Globe and start this process.

See ALLAH will only help when we take one step. And we are willing to take a risk. Like Prophet(PBUH) took risks with the sahaba(RA) and atlast Islam was successful.

On the other hand if we dont take any step our children may not be so tolerant and they may opt for a house thru conventional fincancing. This is going to happen.

So Please think about my proposal and keep in touch.
My email: sulaiman74@gmail.com(USA)

islamic Finance

Assalaamu Alikum
I went through your above article, could you please update me, If you were able to creat group to finance house.
Kindly reply.
Thanks & best regards
Rizwan ul Haque Faridi

home financing through grouping

Salam brother, yes I agree to your suggestion I too was thinking the same thing but how to achieve it if our brothers and sisters in islam are not united? furthermore how this going to work when you are in the west and I'm in the South East Asia.

Jazakallah Dear Brother Sulaiman

May Allah (SWT) bless you with countless favours!!! AMEEN