Source: http://qa.muftisays.com/?2851
Question ID: #2851
 
Question: renting property to bank
Assalamualaykum,

I would like to know if it is permissible in Islam to rent once property to bank ?

Jazakumullah
 
 
Answered by: Ulamaa ID 04 (London)
Date: 12/02/2011 12:02pm

Bismillah

Al-jawab billahi at-taufeeq (the answer with Allah's guidance)


It will not be permissible to rent out a property to the bank.

Allah Ta'ala says,

"And do not co-operate in sinfulness and transgression. Have fear of Allah, for Allah is Stern in retribution." (5:2)

The bank will use the place for dealing in Riba (interest), which is Haram. Renting a property to the bank is helping them in something Haram and sinful.


And Only Allah Ta'ala Knows Best.
Mufti Qamruzzaman

London, UK
 
www.MuftiSays.com