Question

According shariah, it is unlawful to take home loan from interest-based Bank. However, if there is no lawful method to save oneself against income,  in this situation is it allowable to take home loan in order to save one’s hard-earned income?

Answer 1

Ref. No. 41/996

In the name of Allah the most gracious the most merciful

The answer to your question is as follows:

It makes a room to take a loan when needed complying with the laws of the country.

 

And Allah knows best

Darul Ifta

Darul Uloom Waqf Deoband