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Leasing a property to a Micro Finance business

 

 

 

Question and Answer:

Q. We have a tenant who has applied to rent an office from us.

 

His sole business is in Micro Finance. ie. Small loans.

 

Would the rental income derived from such a tenant be halaal?

 

(Query published as received)

 

A.  No. It will not be permissible to lease your property to such a business as the major/sole functions are interest bearing transactions. The rental income will not be permissible.

 

 

And Allah Knows Best

 

 

 

 Nasihah (Advice): Nails and unwanted hair should not be left to grow for more than forty days:

 

 

Sayyiduna Anas (Radiyallahu Anhu) reports: “We were taught that we should trim the moustache, clip the nails, remove the hair on the armpits and pubic hairs before forty days can elapse” (Sahih Muslim)

Fatwa Department

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Tel : +27 (0) 31 2077099
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www.jamiat.org.za

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