Is it Allowed to Purchase a Mortgaged Asset and Resell it to the Son of the Original Owner?

Back
Question: A person has requested KFH to purchase his father’s real estate. The real estate is mortgaged to Kuwait Real Estate Bank for the amount of 65,000 Kuwaiti dinars. Since the real estate’s market price is 120,000 Kuwaiti dinars, KFH...
Premium Content

Unlock full fatwa content by subscribing.

Subscribe to Premium