Is profit from selling the house that was acquired through interest based mortgage halal? Example being, 2 parents buy the house, and they want to sell it when the children are grown and distribute the profits made on the house’s value going up. Is this profit halal? Is it halal for the children AND the parents? or if it is only sinful for the Owners? Since the children were kids when this interest based decision was made
May Allah bless you.
Yes the use of the house and to sell it is permissible. The profit made is entirely halal too.
What is haram is ‘paying interest’ which is different.
And Allah knows best!
JazakAllah Khair Mufti! I really appreciate the response, thank you very much Alhamdullilah