Being a witness to signing for a home loan bond

· 25 Jumada I 1443 AH1 min readEnglish

Question

I was traveling with a co-worker who stopped at the attorney offices and asked me to come inside with her. When I went inside I was asked to be a witness on signing for a home loan bond that was taken with the bank.

I am feeling very uneasy and I would like to find out if I have committed a sin by being a witness to the interest stipulated on the contract.

Can I somehow get my name removed from that contract as I myself try my utmost to not deal with interest bearing loans.

Answer

Yes, a bank contract is normally interest based. Make taubah and ask the bank to delete your name, for this amounts to a curse and you do not wish to remain under divine curse.

And Allah Ta'ala (الله تعالى) knows best.

Answered by
Mufti Ebrahim Salejee (Isipingo Beach)
Questions about this ruling, answered only from the archive with sources.

Where scholars differ, it’s safer to take the more cautious view.

Fatawa SA is an independent, read-only index of fatawa already published by Mufti Online — Madrasah Ta'leemuddeen. It is not a fatwa service. For your own situation, please ask a Mufti. Report an issue

For corrections or mistakes, please email us at fatawasa786@gmail.com.

People also ask

Is taking a home loan (bond) permissible?

“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.”

Ask Imaam · 109 fatawa from 6 Darul Iftas on this

What the Darul Iftas say