Leasing a property to a Micro Finance business
Question
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?
Answer
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)
Fatawa SA is an independent, read-only index of fatawa already published by Jamiatul Ulama KZN. It is not a fatwa service. For your own situation, ask the issuing Darul Ifta directly.