Dr. Monzer Kahf, a prominent economist and counselor states: studying mortgage and how it is done and relations between lenders and borrowers in housing and other transactions is permissible. On the other hand working as a mortgage officer whose main job is to intermediate between the lender and the borrower in making interest-based mortgage is Haram because it is included in writing interest-based contract and being a witness to it. These both jobs are mentioned in the very authentic Saying of the Prophet, (peace and blessings be upon him) that is reported by Bukhari and Muslim to the meaning that the Wrath of God is on the taker of Riba, its giver, its writer and its two witnesses. Working as a loan officer or a mortgage officer requires you to be the main person in making the contract and normally you are the writer of it for the borrower. This job is not permissible according to Shari’ah.”
Having a Job of Selling Mortgages
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