17. July 2018

Asalamu Alaykum Sh. Khaled, Ramadan Karim, and I pray you are in good health. I wanted to reach out about a question. We are considering buying a house of our own in the area. The issue of mortgage and interest came up. I wanted to know your position on the matter. Our sense is that a lot of the Islamic loan providers end up essentially mimicking the system, and end up being less advantageous/affordable than the mortgage system as it is. Is it alright, in your judgement, to take a mortgage out...