glotgering
New member
Assalamu Alaikum,
I have a serious question regarding buying a house in a non-Muslim country. I'm very well aware that buying a house through a traditional mortgage is haram due to interest, while the 'halal' mortgage options in the UK are almost prohibitive in price, almost ruling out any chance of me buying a house this way.
I'm able to rent the house I'm in with no real issues, housing my parents as well, but when I get my own family (+ children) I will need to rent a bigger house, with more expenses. Assuming I can still pay this rent, what happens when I get older and in my 50-60s cannot afford to work to keep renting?
Sincerely asking, by age 65 do I have to hope that I have all that money saved for retirement?
Please do give me sincere advise and not answers where I should depend on others as I ideally would prefer to be independent financially. JazakAllah.
I have a serious question regarding buying a house in a non-Muslim country. I'm very well aware that buying a house through a traditional mortgage is haram due to interest, while the 'halal' mortgage options in the UK are almost prohibitive in price, almost ruling out any chance of me buying a house this way.
I'm able to rent the house I'm in with no real issues, housing my parents as well, but when I get my own family (+ children) I will need to rent a bigger house, with more expenses. Assuming I can still pay this rent, what happens when I get older and in my 50-60s cannot afford to work to keep renting?
Sincerely asking, by age 65 do I have to hope that I have all that money saved for retirement?
Please do give me sincere advise and not answers where I should depend on others as I ideally would prefer to be independent financially. JazakAllah.