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The question

Is it permissible to take out an interest-bearing loan to buy an apartment in Canada in order to avoid paying rent, which is considered wasted money?

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Source: FtawySummarized from the full answer at Ftawy · imported Sep 2, 20261 min readAlso available in العربية
The answer

What you mentioned about these funds being lost due to rent, we do not see it as a justification for dealing in usury. So fear Allah, and He will make a way out for you and make your matter easy for you, as He promised in His Book.

Summarized from the full answer at Ftawy · imported

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Source platform
Ftawy
Original fatwa ID
54139
Imported
Translation status
Source text, unreviewed
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