{"id":15410,"date":"2020-06-09T10:29:16","date_gmt":"2020-06-09T10:29:16","guid":{"rendered":"http:\/\/daruliftabirmingham.co.uk\/?p=15410"},"modified":"2020-06-09T10:29:16","modified_gmt":"2020-06-09T10:29:16","slug":"why-is-interest-in-mortgages-and-life-insurance-haram","status":"publish","type":"post","link":"https:\/\/daruliftabirmingham.co.uk\/home\/why-is-interest-in-mortgages-and-life-insurance-haram\/","title":{"rendered":"Why is Interest in Mortgages and Life Insurance Haram?"},"content":{"rendered":"

\n\tFatwa ID: 03809<\/strong><\/span><\/span><\/span><\/span><\/span>\n<\/p>\n

\n\tAnswered by: Maulana Irfan Ali<\/span><\/span><\/strong><\/span><\/span><\/span>\n<\/p>\n

\n\t \n<\/p>\n

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

\n\tWhy is life insurance Haram? Why is interest in mortgages Haram even though you pay less for the house you bought over time? Meaning your house will be worth more in 25 years than the amount you bought it at.<\/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><\/strong><\/span><\/span>\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\tThe Quran mentions in numerous places the prohibition of dealing with interest.[1]<\/a><\/span><\/span>\n<\/p>\n

\n\tThe Prophet (peace be upon him) mentions that may the curse be upon the eater, witness, and writer of interest.[2]<\/a><\/span><\/span>\n<\/p>\n

\n\tThe principle of interest transaction being unlawful is due to the Qurans explicit order. If one was to calculate the amount of sum borrowed over a period of time and the sum repaid there will be a significant difference. <\/span><\/span>\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 Maulana Irfan Ali<\/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\t\t \n\t<\/p>\n

\n
\n

\n\t\t\t[1]<\/a> Surah Baqarah verse 275<\/span><\/span>\n\t\t<\/p>\n

\n\t\t\t \n\t\t<\/p>\n

\n\t\t\t \n\t\t<\/p>\n<\/p><\/div>\n

\n

\n\t\t\t[2]<\/a> Mishkaat – Chapter of Interest<\/span><\/span>\n\t\t<\/p>\n

\n\t\t\t \n\t\t<\/p>\n

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

Fatwa ID: 03809 Answered by: Maulana Irfan Ali   Question Why is life insurance Haram? Why is interest in mortgages Haram even though you pay…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[205,136,1277,425],"_links":{"self":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/15410"}],"collection":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/comments?post=15410"}],"version-history":[{"count":3,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/15410\/revisions"}],"predecessor-version":[{"id":15598,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/posts\/15410\/revisions\/15598"}],"wp:attachment":[{"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/media?parent=15410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/categories?post=15410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daruliftabirmingham.co.uk\/home\/wp-json\/wp\/v2\/tags?post=15410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}