Permissibility Regarding Mortgage, Index Funds And Fixed Deposits
1 ). There’s no problem in obtaining a mortgage to buy a house. For a short response by Ghamidi sahab , please watch the video in the following thread : Discussion 1131 Ghamidi sahab went into a lot of detail on the issue of riba in his Response to 23 Questions series . Should you require details you can refer to: Discussion 30863 2 ). Please see : Discussion 80330 3 ). The primary source of income for a Bank is interest (sood/Riba) , therefore, it is advised to not invest in Banking sector, whether in the form of a stock or in the form of a term deposit. Please refer to the following videos of Ghamidi Sahab : Discussion 32234