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renting property to bank

Last updated: 20th October 2006
Question ID: #2851
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Assalamualaykum,

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

Jazakumullah


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
Answer last updated on:
12th February 2011
Answered by:
Ulamaa ID 04
Website
Location: London
Mufti Qamruzzaman

London, UK