Most-asked question
Is taking a home loan (bond) permissible?
109 fatawa in the archive answer questions on this, from 6 South African Darul Iftas (Ask Imaam, Mufti Online, Ibn Masood, Azaadville, Camperdown, MJC). Below, each Darul Ifta’s answer is quoted word for word from the opening of one of its fatawa.
Based on the fatawa linked below. Please read the sources and double-check with a Darul Ifta for your situation.
Consult a mufti for your situation. Fatawa SA is a read-only archive and issues no rulings of its own.
What the Darul Iftas say
“Mufti Ebrahim Desai Sahib does not know anything about William John HV Bond and has not approved it. GIFS is an independent organization and not related to the Darul Iftaa.”
“They both should agree on the value of the house. In the event that the husband is unable to pay off the bond and the bank repossesses and auctions the house, the husband will have to give her the value of his half share of the house.”
“Answer one: Yes, if the agents complete the mortgage bond clause mentioned in the query, they will be considered as the ones who write down the interest transaction as mentioned in the Hadith of Sahih Muslim which you cited.”
“1. There is no zakāh on the amount available to you in terms of an access bond. 2. Zakāh is levied on money which one (1) actually possesses, and (2) has been in one’s actual possession for a full lunar year.”
Quotes are the opening words of each answer as published; the full answer, its conditions and references are on the fatwa page. Answers depend on the exact details of each question.
Read the fatawa
- Using NSF Payments [Mauritius] to Pay Mortgage Interest in Canada?Camperdown · 5 Oct 2026
- How do I calculate Zakat on mortgage?Ask Imaam · 16 Aug 2025
- Applying for an interest bearing home loanMufti Online · 19 Sep 2023
- An Estate Agent Assisting A Client To Arrange A Bond/MortgageAzaadville · 3 Nov 2022
- Financing through FNB Islamic home loanIbn Masood · 30 Mar 2022
- Zakah on an Access BondMJC · 22 Mar 2024
- I have taken a home loan. Is Qurbani Wajib upon me?Ask Imaam · 4 Jun 2025
- Using interest money to fix potholes and to pay off interest of a bondMufti Online · 25 May 2023
- Selling An Item Placed As A MortgageAzaadville · 10 Jun 2022
- Accountant issuing client with a letter required for bondIbn Masood · 28 Mar 2022
- Selling to a Muslim purchaser buying with an interest bondAsk Imaam · 1 Dec 2021
- Difference between a person who takes out a mortgage and makes taubah and a person who didn't take out a mortgage at allMufti Online · 12 Oct 2022
- Zakat on mortgage through Shariah financingAsk Imaam · 18 May 2021
- Giving a house on bond as mahrMufti Online · 11 Feb 2019
- William John HV Bond - Is it approved by Mufti Ebrahim Desai?Ask Imaam · 25 Sep 2020
Search more fatawa on this Business & Finance topic Compare Darul Iftas