Mortgages and Interest Rates

  • Banking
  • 1 min read


Mortgage has an interest rate?


In mortgage banks don’t give you extra rather you give extra than debt you have taken. So in reality it is not allowed but if you need a home and don’t have enough amount to purchase, then due to the necessity, taking it on mortgage, is permissible.

Answered by: Mufti Sajid Attari

Leave a Reply