{"id":17235,"date":"2020-10-21T21:37:26","date_gmt":"2020-10-21T21:37:26","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/?p=17235"},"modified":"2020-10-21T21:37:26","modified_gmt":"2020-10-21T21:37:26","slug":"can-i-take-a-mortgage-if-the-interest-rate-is-fixed","status":"publish","type":"post","link":"http:\/\/daruliftabirmingham.co.uk\/home\/can-i-take-a-mortgage-if-the-interest-rate-is-fixed\/","title":{"rendered":"Can I Take a Mortgage if the Interest Rate Is Fixed"},"content":{"rendered":"

\n\tFatwa ID: 04238<\/strong><\/span><\/span>\n<\/p>\n

\n\tAnswered by: Alimah Nasima Umm Hamza<\/span><\/span><\/strong>\n<\/p>\n

\n\t \n<\/p>\n

\n\tQuestion<\/u><\/strong><\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tAssalamu Alaikum Brother.<\/span><\/span>\n<\/p>\n

\n\tI live in London on rent. I want to know more about mortgages. Whenever I go to enquire about mortgages I am told that I have to pay interest. My question is, can I take a mortgage if interest is fixed and you know how much you will pay for your house?<\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\t \n<\/p>\n

\n\t\u0628\u0650\u0633\u0652\u0645\u0650 \u0627\u0644\u0644\u0647\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0652\u0645\u0646\u0650 \u0627\u0644\u0631\u0651\u064e\u062d\u0650\u064a\u0652\u0645<\/span><\/span><\/span><\/strong>\n<\/p>\n

\n\tIn the name of Allah, the Most Gracious, the Most Merciful<\/u><\/strong><\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tAnswer:<\/u><\/strong><\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\tIt will not be permitted to get a fixed interest rate mortgage. This is because it is still based upon making a monetary gain on giving out a loan, i.e. the bank is making money by lending you money.[1]<\/a><\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

\n\t \n<\/p>\n

\n\t \n<\/p>\n

\n\tOnly Allah knows best<\/span><\/span>\n<\/p>\n

\n\tWritten by Alimah Nasima Umm Hamza<\/span><\/span>\n<\/p>\n

\n\tChecked and approved by Mufti Mohammed Tosir Miah<\/span><\/span>\n<\/p>\n

\n\tDarul Ifta Birmingham<\/span><\/span>\n<\/p>\n

\n\t <\/p>\n

\n\t\t \n\t<\/p>\n

\n
\n

\n\t\t\t[1]<\/a> Mukhtasar Al-Qudoori, Kitab Al-Bay’, Chapter on Riba, p180<\/span><\/span>\n\t\t<\/p>\n

\n\t\t\t \n\t\t<\/p>\n<\/p><\/div>\n<\/div>\n

\n\t \n<\/p>\n

\n\t <\/p>\n","protected":false},"excerpt":{"rendered":"

Fatwa ID: 04238 Answered by: Alimah Nasima Umm Hamza   Question   Assalamu Alaikum Brother. I live in London on rent. I want to know more…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/17235"}],"collection":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=17235"}],"version-history":[{"count":2,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/17235\/revisions"}],"predecessor-version":[{"id":17248,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/17235\/revisions\/17248"}],"wp:attachment":[{"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=17235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=17235"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=17235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}