Most scholars say an interest-based mortgage is haram because it involves riba, which the Quran forbids (2:275, 2:278). Some contemporary scholars and councils allowed it in non-Muslim countries when a person has no other way to get a home, treating it as a case of need. Others reject this. Look first for an interest-free alternative such as a Sharia-compliant home finance plan, and ask a scholar about your situation.
Wale walao riba hawasimami ila kama anavyo simama aliye zugwa na Shet'ani kwa kumgusa. Hayo ni kwa kuwa wamesema: Biashara ni kama riba. Lakini Mwenyezi Mungu ameihalalisha biashara na ameiharimisha riba. Basi aliye fikiwa na mawaidha kutoka kwa Mola wake Mlezi, kisha akajizuia, basi yake ni yaliyo kwisha pita, na mambo yake yako kwa Mwenyezi Mungu. Na wenye kurudia basi hao ndio watu wa Motoni, humo watadumu.
Enyi mlio amini! Mcheni Mwenyezi Mungu, na acheni riba zilizo bakia, ikiwa nyinyi ni Waumini.
This is general information, not a fatwa. For your own situation, ask a qualified scholar.
Questions about halal and haram
Can a Muslim take a conventional mortgage?
Most scholars say an interest-based mortgage is haram because it involves riba, which the Quran forbids (2:275, 2:278). Some contemporary scholars and councils allowed it in non-Muslim countries when a person has no other way to get a home, treating it as a case of need. Others reject this. Look first for an interest-free alternative such as a Sharia-compliant home finance plan, and ask a scholar about your situation.
