In the new Khums ruling on setting off home mortgage loans, if the needs of the household change and they move to a bigger home, can the "original draw-down amount" be increased to take into account a remortgage that is purely to move home?
In the new Khums ruling on setting off home mortgage loans, if the needs of the household change and they move to a bigger home, can the "original draw-down amount" be increased to take into account a remortgage that is purely to move home?
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 5 years ago
Yes, it is allowed if it is necessary.
Wassalam.