A person can perform Hajj on loan. In order to do so, a person has to have the following conditions:
– The applicant must be Muslim and of sound mind.
– The applicant must be physically and mentally capable of performing the rituals of Hajj or Umrah.
– The applicant’s family should not be in need as a result of his/her departure for Hajj.
– A guarantor is needed for the loan, which is financially stable and has no debts or liabilities that would prevent him from fulfilling his obligations.
The guarantor will guarantee the return of the loan with interest on behalf of the borrower if he/she fails to do so before departure for Hajj.
Lending Money for Hajj Is Possible in Certain Scenarios
Some people think that it is impossible to get a loan for Hajj. However, this is not true. The best way to go about getting a loan for Hajj is to find someone who is willing to lend money for it. This person can be a family member, friend or co-worker.
There are certain lending institutions that offer loans specifically for the purpose of going on the Hajj pilgrimage. Some of these institutions allow you to apply through their website and others require you to go into their office in person.
Rules & Criteria for Getting Hajj on Loan
The first criterion for getting a loan is that the person has to be a Muslim who is on good terms with Allah.
The second criterion is that the person needs to be financially stable and should not have any debt.
The third criterion is that the person should be performing hajj for the first time.
5 Best Places to Get Loans For Hajj
The ḥajj is one of the five pillars of Islam and a religious obligation that must be carried out at least once in a lifetime by every Muslim who is physically and financially capable.
To perform the ḥajj, Muslims are required to dress in iḥrām, which is two seamless white garments. Men are required to cover their heads with a taqiyah, and women to wear either a hijab or niqāb. During the ritual, Muslims must also refrain from sexual intercourse, arguing or fighting, wearing perfume or cosmetics, killing animals and cutting their nails.
The ḥajj begins on the eighth day of Dhul Hijjah (the 12th month on the Islamic calendar) and concludes on the thirteenth day of that month. It can only be performed in Mecca (Makkah), which is located in Saudi Arabia because it was founded by Abraham.
Conclusion: Should You Take out a Loan for Hajj or Contribute from Your Savings?
If you are looking to take out a loan to make your Hajj, the answer is no. You should not take out a loan for Hajj because you will have to pay back more than what you borrowed. The only time when taking out a loan may be beneficial is if you can afford the monthly payments and interest rates.
It is better to use your savings for going to Hajj pilgrimage. A professional Hajj operator can guide you about Hajj price in Pakistan 2023 and what things you will require during you pilgrimage. You will be provided a complete guideline about the whole process of your journey.