Is it permissible to take out a mortgage in Islam?
Are mortgages halal? In Islam usury is clearly forbidden. It is a major sin and is one of the seven gravest ones. Those who commit it are considered as waging war against Allah Almighty...
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Is it permissible to take out a student loan?
Taking out an interest-bearing loan is haram. Some might not consider this haram, but that is completely wrong, because it is interest and Allah Almighty stated in the Quran, in Surat al Baqarah: Allah...
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