Question 14: We have deposited our money in a mortgage bank and now the bank is going to give us a house loan but at present we cannot buy a house. The question is that, can we sell the loan to another person for the current price? Is the interest (mark up) given by the bank halal?
Answer :
Answer 14: According to Islamic law, it is permissible for you to give your right of taking loan to another person and take money in exchange for it.
Sell the loan to another person
27 December 2024 Clock 10:06
Question 14: We have deposited our money in a mortgage bank and now the bank is going to give us a house loan but at present we cannot buy a house. The question is that, can we sell the loan to another person for the current price? Is the interest (mark up) given by the bank halal?
Answer :
Key Words :
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