Response by Ustaz Haron Masagos of FAiWA #
Yes, there are two key fatwas that address this matter, and it is essential to understand all their specific conditions.
- The first opinion is provided by the European Council for Fatwa and Research (ECFR) and Sheikh Yusuf Al-Qaradawi. This fatwa is specifically aimed at Muslims residing in non-Muslim majority countries and comes with detailed conditions. You can review the full text of the fatwa here.
- The second fatwa is issued by the Assembly of Muslim Jurists of America (AMJA). While this fatwa permits the purchase of a primary residence through usurious loans, it strongly recommends that, if possible, individuals should opt to rent rather than buy if renting does not impose significant hardship. The detailed conditions of this fatwa can be found here.
