QuestionsCategory: Money MattersBank Loan for House
Jamshed asked 2 years ago

Assalam o Elakum wa Rahmatullah, Bro, being Belgium Muslim guy, may I take house loan from Bank if Suppose, I want to buy a house, which has value  100000 EUR, Bank will pay all money 💰 directly to 🏠 owner. After it as per mutual commitment, I will pay 120000EUR via instalment (667 EUR per month in 15 years) to the same Bank.
Pls, advise me is that permissible or not according to Quran o Hadees’s references?