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Mortgage situation? Do I sell my house?

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  • Mortgage situation? Do I sell my house?

    Asalamwalikum Everyone,
    I am a recent revert to Islam Alhumdililah.
    I recently found out that paying for an interest based mortgage is Haram and considered a major sin. I’ve owned this house for 7 years now and have my parents (cannot support themselves) living with me and my wife and 2 children. Alhumdililah I am able to afford my house quite easily. But I do pay interest every month because it is a traditional interest based mortgage that you find in North America. I’ve been looking for halal mortgages in Canada (where I live). And all of them have a queue for obtaining one in about 18-24 months for now, I guess a lot of people are going the halal mortgage route.

    My question is this: given my current situation, should I sell my house? I do not have any hardship paying the mortgage but I’m afraid islamically it’s haram to be paying interest. What should I do? My parents live in my basement, so my wife and parents have their separate spaces entirely. Alhumdililah but if I sold the house, I would need to support them but my wife wants to live in her own space. I want to do what is islamically correct. I do not want to pay interest but I do not want to cause hardship for my family.

  • #2
    Assalamo alaykum

    Best is to ask local qualified imams, shaykhs, business owners, get them 2-3 into house as guests and get their opinion inshaAllah. I think they will be willing to help.

    I've seen a TV fatwa that where is not possible to lend halal money and if needed the riba is OK in that circumstance.
    Some oppose probably.
    You are in a specific situation, only some months left.
    I do not know-there is maybe an option to pay in advance to break the interest-you pay for example 2 years in advance, your friends lends you non interest money.

    Consider best with the learned locals from jamah.

    Recite morning and evening duas please, duas before sleep and every other dua.

    Recite often Allahumma khirli wakhtarli.

    Recite estegfar, shukrulillah, salawat ibrahimi, subhanallahi walhamdulillahi wa la ilahe illallahu wallahu akbar wa la hawla wa la quwwate illa billahil aliyyil adheem, la ilaha illallahu wahdahu la sharika lahu lahul mulku wa lahul hamdu wa huwa aoa kulli shayin qadeer (find in Arabic script using Google) often throught the day. In hundrads at least.

    https://www.google.com/url?sa=t&sour...UKEwjkmJ77grv1 AhXr_7sIHZOdBLYQFnoECAMQAQ&usg=AOvVaw3LGDWGpCOFI_m ljNrB7awe


    And

    https://archive.org/details/MominKaH.../n159/mode/2up

    Maybe after some time you'll buy a home near yours for parents. You must be kind to them.

    With increased ibadah you'll get helped inshaAllah and augmented in many many ways and they too might convert to Islam. Be to them as best as you can and to your wife too and children, be loving, caring, merciful. Study deen with them. Buy good gifts. Improve your productivity. If getting mashaAllah enough income, get children tutors, sports trainers, extracurricular activities etc. Stay away from laziness and excessive TV. Get involved in social activities of jamah, give sadaqah and sadaqah jariya, visit gym and library. Be a best husband, seduce your wife well again and again, have best relations. Get another degree, course, diploma etc. Learn Arabic. Learn daily new duas and implement them.

    Learn dua noor before getting to masjid and on sujuud to be recited (prophets saws dua).
    Last edited by Murid; 29-03-22, 04:54 PM.

    Comment


    • #3
      Recite often duas for yourself and other momins, like
      Allahumma gfirli warhamni wa lil mominina wal mominat. Find arabic words please.

      This dua will increase income, help repay dept inshaAllah and reap many other benefits.

      Tell the wife to recite and children too, friends, neighbors, give it at local masjid.
      At least 10x or 100x mornings and evenings. It us a very short dua.
      Start with besmellah, tasbeeh, like subhanallahi walhamdulillahe wa la ilaha illallahu wallahu akbar wa la hawla wa la quwwata illa billahil aliyyil adheem+la ilaha illalahu vahdahu la sharika lahu lahul mulku wa lahul hamdu wa huwa ala kulli shayin qader, estegfar-best lomger one (like astagfurullah al adheem alladhee la ilaha illa huwal hayyul qayyumu wa atubu ilayh), salawat Ibrahimi, then this dua 10x or 100x or 1000x (best raised hands) then salawat Ibrahimi then ameen then salawat Ibrahimi

      You should recite asma ul husna too, like Ya Allahu Ya Barru Ya Khafe Ya Ghaniyy Ya Fattahu Ya Wahhabu Ya Razzaqu Ya Kareem Ya M'uTi Ya Jawadu Ya Wasi'u Ya Dhul Fadlil Adheem

      Please again find Arabic pronouncing sounds.

      Comment


      • #4
        Originally posted by Bas117 View Post
        Asalamwalikum Everyone,
        I am a recent revert to Islam Alhumdililah.
        I recently found out that paying for an interest based mortgage is Haram and considered a major sin. I’ve owned this house for 7 years now and have my parents (cannot support themselves) living with me and my wife and 2 children. Alhumdililah I am able to afford my house quite easily. But I do pay interest every month because it is a traditional interest based mortgage that you find in North America. I’ve been looking for halal mortgages in Canada (where I live). And all of them have a queue for obtaining one in about 18-24 months for now, I guess a lot of people are going the halal mortgage route.

        My question is this: given my current situation, should I sell my house? I do not have any hardship paying the mortgage but I’m afraid islamically it’s haram to be paying interest. What should I do? My parents live in my basement, so my wife and parents have their separate spaces entirely. Alhumdililah but if I sold the house, I would need to support them but my wife wants to live in her own space. I want to do what is islamically correct. I do not want to pay interest but I do not want to cause hardship for my family.
        Asalaamu Alaikum, It is best to consult with your local trustworthy Sheikh about this. Please visit your local Masjid/Islamic centre and set up a meeting with your local Scholar/s to discuss this and get their advice. Also ask of Allah during these blessed days and nights to help you as you do not want to go to war with Allah by continuing to pay the interest based Mortgage. Also continue to look after your parents and serve them well in order to please Allah.

        May Allah make it easy for you and give you the best solution to your issue. Ameen.
        10 steps to increase our imaan(faith)
        http://www.ummah.com/forum/showthread.php?t=192926
        Forty Good Deeds to do Everyday!
        http://www.ummah.com/forum/showthread.php?t=230798

        Comment


        • #5
          Two aspects stand out : i) when you purchased the house,you contracted a mortgage loan and were not a Muslim . ii) Alhamdullilah this house enables you to care for your parents as well as your family .Disrupting your parents at this stage and who probably depend on your general support is not advisable. As a revert,you will shun all new interest bearing transactions in the future.

          Comment


          • #6
            Originally posted by i.carrim View Post
            Two aspects stand out : i) when you purchased the house,you contracted a mortgage loan and were not a Muslim . ii) Alhamdullilah this house enables you to care for your parents as well as your family .Disrupting your parents at this stage and who probably depend on your general support is not advisable. As a revert,you will shun all new interest bearing transactions in the future.
            Dont speak without knowledge on the issue

            Your mistaken

            Comment


            • #7
              Let us read what the knowledgeable has to write.

              Comment


              • #8
                I don't think you should sell your house, especially with such a large family. It's very hard to find good housing nowadays, more so in megalopolises, why do you need all this trouble? Before I decided to buy a house, I did a lot of research on this topic, I asked friends who had already gone through it, read lots of articles, for example here Getting A Portuguese Mortgage I found info about some unpleasant surprises that may appear while buying a house. Look online for info on how the buying process works, maybe you'll change your mind. Selling an apartment is a lot easier than finding a good place to live from scratch.
                Last edited by simonharison; 26-12-22, 05:58 PM.

                Comment


                • #9
                  Originally posted by Abu julaybeeb View Post

                  Dont speak without knowledge on the issue

                  Your mistaken
                  Amazingly wicked advice given- since the usurious contract was conducted while a Kaafir, it is ok to keep making payments on the usurious contract after becoming Muslim?

                  Ajeeb.

                  A scenario similar to the one in the OP happened in which I advised a recent convert- a single mother with 3 children- to sell her usury-based home. Ma Sha' Allah, she was very keen to accept and follow the rules of Islam right from the beginning [until she had to move away from our small community and she began to spend too much time with people like i.carrim .]

                  It was difficult advice to give and even more difficult to take for the young woman. But she sold her home and ended up receiving money after the sale [the value of the home at the time of the sale was more than what was owed on the mortgage]. This was around the end of 2007. I'm not going to pretend there weren't several months of hardship after selling the house and even Satanic doubts creeping into both our minds about whether it was prudent to sell the house.

                  Then 2008 happened and most people in the sister's position had their home values go upside down and they ended up having their homes foreclosed and it ruined their credit.

                  Selling her home ended up being the best thing that could have happened and just in time for the home mortgage crisis that ensued.

                  My point is: just do the right thing and have Tawakkul, entrust the result to Allah AWJ. Be patient with following the rules and laws of Islam.

                  Comment


                  • #10
                    I understand your concern about paying mortgage interest and wanting to do something consistent with Islam. It's great that you are considering halal mortgages, and it's definitely a famous avenue for many people. I came across The Continuum Condo, a new complex under construction at the-continuum-thiam-siew.com, which offers good financing options. Ultimately, it's a tough decision, but I hope you can find a solution that works for you and your family. Remember that Allah is the most merciful and forgiving. He will help you make the right decision.
                    Last edited by Glorypisi; 5 days ago.

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