Ruling on one who sells a product to a person who is buying it with an interest-based loan
Dear Brothers & Sisters,As-Salaamu-Alaikum wa Rahmatullahi wa Barakatuh. (May Allah's Peace, Mercy and Blessings be upon all of you)
One of our brothers/sisters has asked this question:
brother if a person is building houses as his job using halal money and sells them to people who are buying them in ribaa, does this person fall into sin. because living in the west it is common knowledge that most people get a loan to buy homes and cannot really afford to buy them cash.
(There may be some grammatical and spelling errors in the above statement. The forum does not change anything from questions, comments and statements received from our readers for circulation in confidentiality.)
Check below answers in case you are looking for other related questions:
Answer:
Praise be to Allaah.
It is better not to get involved with these kinds of transactions, in order to be on the safe side, but the basic principle is that he has nothing to do with the riba-based transaction and he is not a party to it, because the party which is consuming riba is the bank and the one who is paying it is the purchaser of the house.
Whatever written of Truth and benefit is only due to Allah's Assistance and Guidance, and whatever of error is of me. Allah Alone Knows Best and He is the Only Source of Strength.
Related Answers:
Recommended answers for you:
Wister