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Is it permissible to own an investment property under Islamic law and derive rental income from it?

InvestmentProperty
Is it permissible to own an investment property under Islamic law and derive rental income from it?
Sayyed Mohammad Al-Musawi, Sayyed Mohammad al-Musawi is originally from Iraq and heads up the World Ahlul Bayt Islamic League in London. Other than being involved in various humanitarian projects, he frequently responds to... Answered 4 years ago

Yes it is permissible as far as the ownership is properly obtained. The rental income from such properly owned or even properly mortgaged will be then permissible as well.

Wassalam.