@musliminvesting: Day 11: “But but..there’s a fatwa saying I can take out a conventional mortgage..” If you take a look into the rulings of the fatwa, you’ll find that there are specific reasons why it exists. Whether that is applicable in today’s day and age, with the many Islamic finance options available, I don’t believe so (at least in most cases). But what I completely disagree with are those who hate on Islamic mortgages just to make themselves feel better about their conventional one 🤷♂️ Follow @musliminvesting for daily content on finance, family, travel, Islam, coffee and more 🤝
Brother we have to ask ourselves why mortgages and riba is haram in the first place. It is haram because the person with no money is being taken advantage of . With Islamic mortgages they end up being way more expensive so how does is make it halal when you are getting take. More advantage of . I don’t get it
2025-09-05 03:38:17
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