Question #13-08: Is it legal to obtain an interest based loan to purchase a community center which will be used for salah and Islamic education?

Question:

Is it legal to obtain an interest based loan to purchase a community center which will be used for salah and Islamic education?

Answer:

In the name of Allah, the Most Compassionate, Most Merciful

Assalamu alaikum,

 It is haram to deal with interest even to buy a house or car for yourself. To deal with interest at any level is it considered Riba. According to a hadith from the Prophet (p.b.u.h.) in Bukhari and Muslim, Riba is bigger in Allah’s sight than committing adultery 36 times.

Allah curses the Riba, the one who takes it, the one who pays for it, the one who witness it and the one who writes a contract that contains it. All of them are considered to be in the same degree.

Allah knows best.

Shk. Mostafa

Contact Info

Masjid Manhattan
30 Cliff Street
New York, New York 10038 

Tel: 1(212)766-1865

Tel: 1(917)362-8463

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