Pitanje zabrane ili dozvole plaćanja kamate kod kupovine nekretnine na primeru grada Novog Pazara

Abstract

The necessity to purchase a real estate from borrowed sources has existed since ancient times, and is also present in both Western and Islamic countries. Housing construction in Western countries could not be so prevalent if it did not have support in the banking sector through the approval of bank products for home loans where the client pays the interest from which the banking system is financed and money is multiplied. In Islamic countries, charging interest, especially from Muslims, is generally prohibited in most countries where the Sharia rules. That is why in Islamic banking there are banking products for financing the purchase of real estate. The question that arises is what about Muslims who do not live in Sharia countries? How can they provide a roof over their heads but not violate the Islamic provisions? We will try to answer these questions in this paper. With an explanation of how Islamically correct banking products for the purchase of real estate are approved in Sarajevo. And how the Bosniak population in the Republic of Serbia, on the example of Novi Pazar, which is mainly of the Islamic religion, can finance the purchase of an apartment/house through a bank without violating Islamic regulations regarding that issue. Interest from such an Islamically acceptable system would also benefit the financial sector itself, the banks, and investors in construction and apartment buyers themselves.